Los Angeles

City Council

March 06, 2024 Item #4

Agenda Item 4

(4) 24-0014 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to delinquent accounts receivables submitted by the Housing and Community Investment Department (HCID) and the Los Angeles Department of Building and Safety (LADBS). Recommendation for Council action: APPROVE the Collections Board of Review’s (CBR) recommendations for the: HCID to remove from its active accounts receivables, 108 uncollectible invoices totaling $137,239.37. LADBS to remove from its active accounts receivables, 37 uncollectible invoices totaling $173,070.14. Fiscal Impact Statement: The CBR reports that the proposed action will decrease the City’s receivable base by $310,309.51.