The City of Stockton shall protect its financial interests related
to loans, fines, assessments, debts, etc. However, at times it is
in the interest of the public and the advancement of other strategic
priorities to forgive debts owed to the City. In addition, for purposes
of efficiency and accurate financial accounting, it is appropriate
to write-off debts owed to the City.
The City Council authorizes the City Manager to write off debts
owed to the City related to uncollectible accounts.
The City Council authorizes the City Manager to forgive liens
owed to the City for blighted properties to promote investment in
blighted properties and authorizes the City Manager to implement the
Lien Forgiveness Program and Residential Neighborhood Reinvestment
Program.
Chief Financial Officer: Implementation of financial policies
related to the subject matter of City Council Policy Title 5 Financial
Management.
Stockton Municipal Code Title
2 Chapter
2.20.
Administrative Directive – Financial Management Chapter
17.01.
Citywide Policy – Uncollectible Accounts Section 17.01.090.
Administrative Directive – Blighted Property Chapter 20.04.
Citywide Policy – Lien Forgiveness Section 20.04.010.
City Wide Policy – Residential Neighborhood Reinvestment
Program Section 20.04.020.
10/03/17 - Adopted by Resolution No. 2017-10-03-1104