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5.4 ERMUSR 11-13-2018
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5.4 ERMUSR 11-13-2018
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11/15/2018 10:12:01 AM
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11/9/2018 11:24:38 AM
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City Government
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ERMUAG
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11/13/2018
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Amounts submitted for the quarter to Revenue Recapture (R) are $6,233.11. Note that these <br />amounts were also submitted to the collection agency (B). We have seen an increase in items we <br />are attempting to collect with the additional customer base we have acquired. <br />The amount for third quarter Write -Offs is $5,047.62, which includes small balances of $10.05, <br />bankruptcies of $403.76, and amounts removed from RR meeting the six year limit with the state <br />program of $4,633.81. The biggest impact to the Write -Offs increase over the prior year is result <br />of removing items from the RR program. We have had to remove, and write-off, a total of <br />$9,314.35 this year, however, that still leaves us $5,554.80 ahead with the $14,869.15 we have <br />collected so far this year through RR. <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 so far are below the national average, at .027%. <br />ATTACHMENTS: <br />0 2018 Third Quarter Delinquent Items Comparisons <br />0 2018 Third Quarter Delinquent Items Submitted <br />Page 2 of 2 <br />79 <br />
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