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Write Off - FY26 Water & Sewer Delinquent Balances
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INFORMATION CONTACT:
Amy McCaskill, UC Water - Utility Business Services, Director, 704-283-3508
ACTION REQUESTED:
Approve the write-off of uncollectible water and sewer accounts as needed.
PRIOR BOARD ACTIONS:
None.
BACKGROUND:
N.C.G.S 25-2-725(1) and 1-52(1) place a statute of limitations on how far back delinquent water, sewer, and solid waste account balances can be collected. Water accounts can be collected up to 4 years past their final bill date while sewer accounts can only be collected up to 3 years past their final bill date. Any outstanding account balances past those dates are considered to be write-offs defined as the elimination of uncollectible accounts receivable recorded on the general ledger.
The included attachment, for 1,139 water and sewer accounts totaling $157,526.65 denotes the information for FY2026.
FINANCIAL IMPACT:
There will be a reduction in the accounts receivable balances for Union County Water of $157,526.65. This will also be shown as a corresponding expense to the enterprise fund uncollectable accounts.