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<br />______________________________________________________________________________ <br /> <br />Page 2 of 2 <br />• The amounts submitted to Revenue Recapture were higher than the prior year. The Q1 <br />2025 RR amount is $3,379.27. We have collected a total of $10,193.73 from RR in Q1 <br />2025. <br />• Write Offs for Q1 2025 of $3,097.48 which is slightly more than the prior year. <br />$2,821.84 of the Write Offs were due to the removal of old account balances due to a <br />six-year limit mandated by the state. <br /> <br />The attached report listing shows those dollars submitted to both the Collection Agency and RR. <br />The first quarter totals are $3,379.27 broken down by provider are: $3,054.88 for Electric, <br />$271.35 for Franchise Fees, $41.58 for Sewer, $8.18 for Water, and $3.28 for Storm Water. <br /> <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 /> <br /> <br />ATTACHMENTS: <br />• 2025 First Quarter Delinquent Items Comparison <br />• 2025 First Quarter Delinquent Items Submitted <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />58