5.1. ERMUSR 10-09-2012 - Laserfiche WebLink

Home Browse Search

The remaining amount is comprised of$2,550.52 in accounts sent to a collection agency for further collection efforts, $5,417.92 that are written off with no further collection efforts, and $9,075.34 that will be assessed this fall for the assessable services of water, sewer, and trash. Year to date, we have sent$6,737.60 to the collection agency, written off$7,840.79 with no further collection efforts, sent $97,808.65 to RR program, and will assess $15,253.80 this fall. Excluding the assessable amounts, and those amounts sent to Revenue Recapture, this results in a year to date amount of$14,578.39 bad debt expense, or .00048%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 delinquent amounts listing for the third quarter of 2012. POWERED OI � „ ® NATURE Reliable Public P O W E R E D T o S E R V E Power Provider