City Council

(15)\n25-0412\nBUDGET AND FINANCE COMMITTEE REPORT relative to the\nremoval of delinquent accounts receivables submitted by the Los\nAngeles Housing Department (LAHD) for the quarter ending December\n31, 2024.\nRecommendation for Council action:\nAPPROVE the Collections Board of Review’s (CBR) recommendation\nand findings for the LAHD to remove from its active accounts\nreceivable 178 uncollectible invoices totaling $290,363.94, each\naccount owing $5,000 or more, as detailed in the CBR report dated\nMarch 27, 2025, attached to the Council file.\nFiscal Impact Statement: The Collection Board of Review reports that\nthe proposed action will decrease the City’s receivable base by\n$290,363.94.