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The amounts submitted to Revenue Recapture were more than the prior year. The Q3 <br />2024 RR amount is $8,444.30. We have collected a total of $1,322.98 from RR in Q3 <br />2024. <br />Write Offs for Q3 2024 of $6,495.34 which is more than the prior year. The biggest <br />impact to Write Offs is from 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 $6,300.89 in Q3 <br />2024 due to the statute of limitations. The remaining write-offs were due to a deceased <br />customer balance of $99.20 and small balances of $95.25. <br />The attached report listing shows those dollars submitted to both the Collection Agency and RR. <br />The third quarter totals are $8,444.30. To break these totals down by provider, it is $7,828.08 <br />for Electric, $614.82 for Franchise Fees, and $1.40 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 .04%. <br />ATTACHMENTS: <br />• 2024 Third Quarter Delinquent Items Comparison <br />• 2024 Third Quarter Delinquent Items Submitted <br />Page 2 of 2 <br />111 <br />