Laserfiche WebLink
The fourth quarter totals submitted to the Collection Agencies and Revenue Recapture are <br /> $10,524.96. To break these totals down by provider, it is $9,622.57 for Electric, $108.78 for <br /> Water, $81.62 for Sewer, $15.99 for Trash, $675.92 for Franchise Fees, and $20.08 for Storm <br /> Water. <br /> The amount for fourth quarter Write-Offs is $2,272.12;which includes small balances of$56.32, <br /> bankruptcies $673.18, deceased parties of$647.20, and RR items meeting six year maximum <br /> placement of$895.42. Note that this is the first year we have met the six year maximum and <br /> have had to remove accounts from RR and Write-Off. <br /> Our budgeted amount for collections and write-offs are $105,000, or.27%uncollectible accounts <br /> per revenue dollar. According to APPA's most recent published standard ratios (2015),the <br /> industry standard is between.17%and .37%. Interestingly, the Northern/Central Plains average <br /> is .09%. Our totals for the year are below the national average, at.00659% for the write-off <br /> category. Our total in the GL is a credit, due to balances being collected that were previously <br /> written off, effectively a negative, or 0%, for the ratio. <br /> ATTACHMENTS: <br /> • 2017 Fourth Quarter Delinquent Items Comparisons <br /> • 2017 Fourth Quarter Delinquent Items Submitted <br /> Page 2 of 2 <br /> 147 <br />