5.1. ERMUSR 07-17-2012 - Laserfiche WebLink

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electric accounts with RR. Since that time we have collected$10,528. Having this program available prior to resorting to a collection agent is very helpful and we will continue to update you on the amounts submitted and collected through this program. The remaining amount is comprised of$1,436.10 in accounts sent to a collection agency for further collection efforts, $951.17 that are written off with no further collection efforts, and $3,456.14 that will be assessed this fall for the assessable services of water, sewer, and trash. Year to date, we have sent$4,187.08 to the collection agency, written off$2,422.87 with no further collection efforts, sent$59,467.72 to RR program, and will assess $6,178.46 this fall. Excluding the assessable amounts, and those amounts sent to Revenue Recapture, this results in a year to date amount of$6,609.95 bad debt expense, or .00022% of total sales for projections of 2012. Our budgeted amount is $105,000 or.35%. According to APPA's most recent published standard ratios (2008), the industry standard is between.17% and.40%. ACTION REQUESTED: Staff recommends that the Elk River Municipal Utilities Commission accept this write-off listing for the second quarter of 2012. ftP rowEnEO er NATURE Reliable Public Power Provider P O W E R E D To S E R V E . ._.