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CITY of RAPID CITY Agenda Item Summary |
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Meeting Date: 12/02/2015 |
Commission, Board or Committee: Legal & Finance Committee |
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Staff Contact: Pauline Sumption |
PW Committee or L&F Committee: 12/02/2015 |
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Petitioner: N/A |
City Council 1st Reading: 12/07/2015 |
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Location: |
City Council 2nd Reading: |
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Agenda Title: |
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Approve Resolution 2015-118 Resolution Writing off Uncollectable Utility Billing Accounts |
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Summary: |
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Every year we write off the outstanding uncollectable utility billing accounts. These originated in 2012 and total $120,174.34. The Water Industry Average for debt write off is 1.10% and we have a 0.34% rate this year. In addition, the collection agency collected 29.5% of the accounts that we turned over to them this year, which is up 7% from last year. |
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Funding Source & Fiscal Impact (if applicable): |
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N/A |
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Recommendation: |
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Action: Approve Notes: |
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Options: |
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Attachments & Links: |
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