The Department of Revenue is holding this year’s meeting to review account write-offs as a virtual event. It will nevertheless remain open to the public.
Due to COVID-19 restrictions, and to protect participants’ wellbeing, the annual review will convene as a telephone conference call.
When: Wednesday, September 23, 2020 starting at 10 a.m.
How: By calling (800) 615-4580, and using the access code 695-3326.
Who: The Accounts Review Panel and any member of the public who wants to take part.
For accounting purposes, the City reviews old debts annually and removes them from financial statements.
Once written off, the debts are no longer considered a receivable for accounting purposes. However, they remain in City systems and efforts to collect the debt continue.
Photo credit: WOCinTechChat, Flickr.