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The amounts submitted to Revenue Recapture were less than the prior year. The Q1 <br />2024 RR amount is $2,879.26. We have collected a total of $8,955.64 from RR in Q1 <br />2024. <br />Write Offs for Q1 2024 were $2,962.89, which is more than the prior year. All Write Offs <br />were from the removal of old account balances due to a six -year limit mandated by the <br />state. <br />The attached report listing shows those dollars submitted to both the Collection Agency and RR. <br />The first quarter totals are $2,879.26, broken down by provider they are: $2,170.43 for Electric, <br />$341.35 for Sewer, $221.70 for Franchise Fees, $79.86 for Water, $43.14 for Trash, and $22.78 <br />for Storm Water. <br />Our allowance for doubtful accounts (a reserve for bad debt/write offs) is $25,605 or .05% <br />uncollectible accounts per revenue dollar. According to the American Public Power <br />Association's most recent published standard ratios (2021) the industry standard is between <br />.15% and 1.49%. Interestingly, the Northern/Central Plains average is .15%. Our totals for the <br />year are below the national average, at .03%. <br />• 2024 First Quarter Delinquent Items Comparison <br />• 2024 First Quarter Delinquent Items Submitted <br />Page 2 of 2 <br />175 <br />