5.2 ERMUSR 05-08-2018 - Laserfiche WebLink

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Amounts submitted for the quarter to Revenue Recapture (R) are $9,644.99. (Note that assessable items are also included here as mentioned above.) We have seen an increase in items we are attempting to collect with the additional customer base we have acquired. Regarding the RR program, we have collected $11,723.43 from RR in 2018 so far from prior year submissions.Notably, over the seven years we have been with RR,we have collected $179,207.87! This quarter, we have also needed to remove $3,093.97 for accounts meeting the six year maximum to be retained with the state RR program, as noted below with the write-off amounts. This program has been very beneficial for us. The first quarter totals of delinquent items are $9,644.49. To break these totals down by provider, it is $8,012.36 for Electric, $278.49 for Water, $424.26 for Sewer, $313.89 for Trash, $491.20 for Franchise Fees, and $124.79 for Storm Water. The amount for first quarter Write-Offs is $3,383.61, which includes credits due to collections on amounts previously written off of($436.17), and small balances of$4.93,bankruptcies of $546.69, $3,093.97 for amounts removed from RR meeting the six year limit of being with the state program, and $174.19 determined uncollectible. Our budgeted amount for collections and write-offs are $105,000, or.27%uncollectible accounts per revenue dollar. According to APPA's most recent published standard ratios (2015),the industry standard is between .17% and .37%. Interestingly,the Northern/Central Plains average is .09%. Our totals for the year so far are below the national average, at.0083%. ATTACHMENTS: • 2018 First Quarter Delinquent Items Comparisons • 2018 First Quarter Delinquent Items Submitted Page 2 of 2 76