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5.2. ERMUSR 07-14-2015
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5.2. ERMUSR 07-14-2015
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7/22/2015 10:43:29 AM
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7/16/2015 11:48:10 AM
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City Government
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ERMUSR
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7/14/2015
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amounts submitted for the current year(so the comparative numbers are skewed.) Life-to-date <br /> numbers for RR show that we have submitted a total of$273,420.48 and have collected <br /> $160,041.55, for a 59% return. <br /> There are currently no amounts listed for assessments. This process is actually only done once a <br /> year, in the fourth quarter. As we create our process with NISC we hope to be able to identify <br /> these amounts for you throughout the year. Currently, all services—so even those assessable <br /> services of sewer, water, and trash—are submitted with the amounts at RR in the hopes that they <br /> will be collected. If they are not collected by assessment time, they will be removed from RR <br /> and assessed instead. <br /> The amount for Write-Offs is a credit, meaning we have actually collected more than we have <br /> written off. We removed a total of$6,149.19 but collected $7,460.42, for the net($1311.23) <br /> presented. <br /> Our budgeted amount for collections and write-offs are $105,000, or.30%uncollectible accounts <br /> per revenue dollar. According to APPA's most recent published standard ratios (2012),the <br /> industry standard is between .10%and.41%. Our write-offs for the year are well below this <br /> number, at a negative amount currently. <br /> ACTION REQUESTED: <br /> Staff recommends that the Elk River Municipal Utilities Commission accept this delinquent <br /> amounts listing for the second quarter of 2015. <br /> ATTACHMENT: <br /> • Second Quarter Delinquent Items Comparison <br /> POWERED BY <br /> Page 2 of 2 NATURE <br /> Reliable Public <br /> Power Provider P O W E R E D T o S E R V E <br /> 54 <br />
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