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Memo Resolution - EMS Accounts Receivable AdjAgenda No. 6 CITY COUNCIL MEMORANDUM/RESOLUTION City Council Meeting: September 25, 2012 Department: EMS Subject: EMS Accounts Receivables Adjustments BACKGROUND: Per City Policy, EMS is to bring our contractual and accounts receivables adjustments before City Council for proper accounting procedures to be accomplished by the Finance Department. FISCAL IMPACT The first adjustments we are requesting Council to make are on private pay accounts that have been referred to our collection agency (MVBA). These represent accounts that were sent to MVBA from June 1, 2012 through August 31, 2012. For this period we are requesting to remove $357,452.47 from our accounts receivables account. These funds, from 387 separate accounts will continue to be pursued and if recovered will be accounted for as miscellaneous revenue. The second adjustment comes from our internal billing procedures. Some of these are negotiated charge reductions, write -offs of co -pays for citizens in the cities we serve, bills of homeless patients who we cannot locate any longer, and bills of deceased patients who do not have insurance or estates from which to recover EMS charges for service. The amount of this category is $47,526.02 from 1,041 separate accounts. This period's total adjustments are $404,978.49. This is the second Account Receivable Adjustment of Fiscal Year 2012. If approved, the total revenue adjustments for FY 2012 will $1,251,134.15 out of a budgeted amount of $1,739,080. RECOMMENDATION Staff recommends Council approval of these Contractual and Account Receivable Adjustments. Memo - Resolution.doc City Council Memorandum Page 2 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ: That the above stated EMS recommends City Council approve the Account Receivable Adjustments of $404,978.49. PASSED AND APPROVED at a regular meeting of the City Council of the City of Schertz, Texas this 25'' day of September, 2012, at which meeting a quorum was present, held in accordance with the provisions of the Texas Government Code, §551.001 et seq., as amended. ATTEST: r Brenda Dennis, City Secretary Memo - Resolution.doc Qe IN1,011 -m- 440V