Rev Up Your Revenues

Source: Dana Long, Government Finance Officers Association, Treasury Management, Vol. 27 no. 5, May 1, 2009

Collecting past due accounts has always been important although not always popular. However, many local governments may take for granted, or even overlook, collections on receivables. In these difficult economic times when more scrutiny is being given to reducing capital projects, cutting expenditures, and decreasing staffing levels, it is time to rev up revenues through applying an effective delinquent collection program.

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