CITY of RAPID CITY Agenda Item Summary |
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Meeting Date: 11/26/2013 |
Commission, Board or Committee: Legal & Finance Committee |
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Staff Contact: Pauline Sumption/Connie Namanny |
PW Committee or L&F Committee: 11/26/2013 |
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Petitioner: N/A |
City Council 1st Reading: 12/2/2013 |
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Location: |
City Council 2nd Reading: |
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Agenda Title: |
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RESOLUTION 2013-116 - RESOLUTION WRITING OFF UNCOLLECTABLE UTILITY BILLING ACCOUNTS |
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Summary: |
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These are accounts that are currently included in accounts receivable that need to be written off. The National Average for all debt write off is 10.3% and we have a .50% this year. This is down from last year by .22%. CCB's recover this year is 22.39% of the accounts that we turned over to them. This was the second year with the new rate structure. This increase was an overall 10% increase from 2009. The City will continue to try to collect these accounts. The asterisk (*) just means that the customer did not have a garbage account. |
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Funding Source & Fiscal Impact (if applicable): |
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Water/Sewer/Solid Waste |
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Recommendation: |
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Action: Approve Notes: |
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Options: |
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