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5.3. ERMUSR 01-12-2010
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5.3. ERMUSR 01-12-2010
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1/12/2010 3:13:44 PM
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or attorney has advised us that we have no recourse for collection of the delinquent <br />accounts. <br />This is a grand total of $159,429.60 for the fourth quarter of 2009. <br />For the entire year, we are at $214,020.33 in write-offs. This is less than 1% (.008) of <br />total sales. It is certainly a "sign of the times", and not the norm. Although the numbers <br />are larger than we would like, it is important that we realize what we cannot collect, <br />adjust the books accordingly, and move forward. I feel that staff still needs be recognized <br />for the hard work that is put into collecting accounts, and the preventative measures that <br />have been implemented in the past few years that will serve us well in future years. <br />Staff recommends that the Elk River Municipal Utilities Commission accept this write- <br />off listing for the fourth quarter of 2009. <br />Thank you. <br />
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