HomeMy WebLinkAboutResolution 132-1998 RESOLUTION NO. 132-98
ACCOUNTS RECEIVABLE POLICY
WHEREAS, the City of Brookings, to include General Fund, Airport Fund, Solid Waste
Fund, Landfill Fund, and Liquor Fund(excluding the Brookings Hospital & Brookview Manor,
and BMU) has a need for an accounts receivable policy now, therefore
BE IT RESOLVED that all accounts due and receivable shall be paid within sixty (60)
days of any billing. All accounts over sixty (60) days shall be charged a monthly 1.5%penalty.
Any accounts over one hundred twenty (120) days delinquent shall be turned over for collection,
either to the City Attorney or a collection agency. Any charges made shall include date, name,
current address, telephone number, description and amount receivable. Charging should not be
utilized unless absolutely necessary. Exceptions to this policy may be made by the
Commissioner and Department Head in charge of the department with the delinquent account.
Passed and approved this 24`�day of November, 1998.
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Mayor
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