5.2. EERMUSR 05-14-2019 - Laserfiche WebLink

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• The amounts submitted to Revenue Recapture are decreased from the prior year. The 2019 RR amount shown in purple is $2,911.46. (Please note these amounts were also submitted to a Collection Agency.) • The amounts for Write Offs are also decreased from the prior year and are shown in orange at$2,856.42. The attached report listing shows those dollars submitted to both the Collection Agency and RR. The fourth quarter totals are $2,911.61. To break these totals down by provider, it is$2,459.01 for Electric, $218.99 for Franchise Fees, $30.09 for Water, $43.43 for Sewer, $119.97 for Trash, and $40.12 for Storm Water. The amount for fourth quarter Write-Offs is$2,856.42 which includes: small balances of$22.66, bankruptcies of$2,014.47, deceased parties of$95.10, and amounts removed from RR meeting the six year limit with the state program of$724.19. A big impact to the Write-Offs is result of removing items from the RR program due to a six year limit mandated by the state. We have had to remove, and write-off, a total of$724.19 from RR this year. However, we have collected so far this year through RR $10,447.26. The biggest impact to the Write-Offs' amount this quarter are bankruptcies. Our budgeted amount for collections and write-offs are $25,605 or .0006% 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 are below the national average, at .0003%. ATTACHMENTS: • 2019 First Quarter Delinquent Items Comparison • 2019 First Quarter Delinquent Items Submitted Page 2 of 2 383