Carolina Beach To Write Off $274,677.32 In Bad Debts

Carolina Beach To Write Off $274,677.32 In Bad Debts Featured

By / Local News / Wednesday, 03 June 2015 04:00

By WILLARD KILLOUGH III
Managing Editor

CAROLINA BEACH - The Carolina Beach Town Council will consider adopting a resolution to write-off a long list of outstanding debts owed on utility bills during their upcoming June 9th, meeting. The total is $274,677.32. The outstanding amounts the Town has been unable to collect date back to 2012 and cover amounts owed for water, sewer, storm water and trash services. According to the agenda for the meeting, the resolution is listed under "Consent Agenda" and will be approved along with numerous other items during a single vote of Council.
According to Town Manager Michael Cramer, Council adopted a policy for "Write-Off of Uncollectible Accounts Receivables" in November 2011.
He explained, "Per that policy, debt which has exceeded three-years and is deemed to be uncollectible by all collection procedures allowed by law should be written off of the Town's financial accounting records."
The resolution states, "Continuing to include such amounts in the financial records of the Town could result in a distorted balance sheet" and, "The Town does not waive any rights it may have to collect any of the attached accounts receivable in the future."
The amounts listed range $0.51 for a property in the 500 block of Harper Avenue or $0.17 for a property in the 500 block of South 5th Street to $60,162.95 for 1205 Saint Joseph Street.
The Town of Carolina Beach has a policy that every owner of developed property pay for monthly water, sewer, storm water and trash services. Customers cannot have those services turned off. Exceptions are made if a house has been condemned or demolished, then no charge shall accrue once the meter is removed.
The budget states, "Every property within the town with a structure shall be charged a minimum fixed charge every month whether the owner applies for service or not."
Legal responsibility falls upon the person listed on the account. For renters, a fee of $55 is charged along with a security deposit based on credit rating ranging from $100 for excellent credit and $250 for "Greatest Risk."
Average residential meter access fee is $13.84 for water and $25.01 for sewer.  Included in the meter access fee, you are allowed 3,000 gallons of consumption before additional charges apply.
Consumption over 3,000 gallons is billed at $3.89 per 1,000 gallons for water and $6.62 per 1,000 gallons for sewer. The monthly stormwater runoff fee is $9.00 per Equivalent Residential Unit (ERU). For garbage pickup, it's $26.39 per month for residential carts without a recycling cart and $13.89 a month with a recycling cart.
A 2.5 % increase in the contract for trash and recycling will be included in next year's budget.

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