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~i <br />Elk River -=~ <br />Municipal Utilities <br />13069 Orono Parkway • PO. Box 430 <br />Elk River, MN 55330-0430 <br />December 7, 2007 <br />To: Elk River Municipal Utilities commission <br />Jerry Takle <br />Jim Tralle <br />Jerry Gumphrey <br />From: Theresa Slominski <br />Re: June -Oct 2007 Write-offs <br />Phone: 763.441.2020 <br />Fax: 763.441.8099 <br />Third and fourth quarter write-offs are presented for your review. Items are written off <br />due to moving out and unable to locate, refusal to pay, bankruptcy, or general cleanup of <br />small amounts. We write them off of our system and then turn them over to Advantage <br />Collection Agency to further pursue. The collection agency's success rate is about 21%. <br />Attached is the list of the write-offs, totaling $25,643.83 that were reviewed through <br />October 2007. This would bring our year to date write-offs to a total of $52,049.03. Out <br />of a total receivable amount of just over $3,000,000, this is 1.6% total uncollectible. In <br />the grander scheme of things, out of total revenues of $18,000,000 it is .3%. Staff <br />recommends that the Elk River Municipal Utilities Commission approve this listing for <br />third and fourth quarter 2007. <br />Thank you. <br />