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The amounts submitted to Revenue Recapture were less than the prior year. The Q2 <br />2024 RR amount is $5,095.50. We have collected a total of $3,166.13 from RR in Q2 <br />2024. <br />Write Offs for Q2 2024 of $4,102.00 are significantly less than the prior year. The biggest <br />impact to Write Offs is due to the removal of old account balances due to a six -year limit <br />mandated by the state. We have had to remove, and write off, a total of $3,977.13 in Q2 <br />2024 due to the statute of limitations. The remaining write offs were due to <br />bankruptcies of $102.78 and small balances of $22.09. <br />The attached report listing shows those dollars submitted to both the Collection Agency and RR. <br />The second quarter totals are $5,095.50. To break these totals down by provider, it is $3,642.01 <br />for Electric, $520.58 for Franchise Fees, $357.63 for Sewer, $302.12 for Trash, $203.09 for <br />Water and $70.07 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 />ATTACHMENTS: <br />• 2024 Second Quarter Delinquent Items Comparison <br />• 2024 Second Quarter Delinquent Items Submitted <br />Page 2 of 2 <br />