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2.5 ERMUSR 05-13-2025______________________________________________________________________________ Page 1 of 2 UTILITIES COMMISSION MEETING TO: ERMU Commission FROM: Melissa Karpinski – Finance Manager MEETING DATE: May 13, 2025 AGENDA ITEM NUMBER: 2.5 SUBJECT: 2025 First Quarter Delinquent Items ACTION REQUESTED: Approve the 2025 first quarter delinquent items submitted. BACKGROUND: First quarter delinquent items are presented for your review. We have previously reported on four different categories of delinquents as follows: • Assessments are delays in collecting the money owed and is assessed to the property taxes in the fall. Please note this number will only be presented in the fourth quarter. • Collections amounts are those we send to the collection agency to try and collect after we have exhausted all our internal collection efforts. We receive 70% of the amounts collected after the agency receives their split. • Revenue Recapture (RR) is the program through the state where funds are collected from individuals’ tax refunds and remitted to us, with the balance (if any) remitted to the individual. It presents an opportunity to collect funds rather than splitting with a collection agency or having to write them off completely. There is a six-year limit for keeping items on RR and if uncollected at this time, amounts are removed and written off. • Write Offs are amounts removed from the books with no further collection efforts being extended. DISCUSSION: I have for review recap comparisons with last year, identifying the categories and amounts for each quarter and the running totals. Regarding the first quarter totals: • The amounts listed for assessments culminate in the fourth quarter and include items previously submitted to other collection services, and if not collected, are removed, and assessed. The assessment amount for 2025 is $0.00 as there has been no activity yet for this year. • The amounts submitted only to Collection Agencies for 2025 is $0.00. (Please note that amounts submitted to Revenue Recapture were also submitted to Collection Agencies.) 57 ______________________________________________________________________________ Page 2 of 2 • The amounts submitted to Revenue Recapture were higher than the prior year. The Q1 2025 RR amount is $3,379.27. We have collected a total of $10,193.73 from RR in Q1 2025. • Write Offs for Q1 2025 of $3,097.48 which is slightly more than the prior year. $2,821.84 of the Write Offs were due to the removal of old account balances due to a six-year limit mandated by the state. The attached report listing shows those dollars submitted to both the Collection Agency and RR. The first quarter totals are $3,379.27 broken down by provider are: $3,054.88 for Electric, $271.35 for Franchise Fees, $41.58 for Sewer, $8.18 for Water, and $3.28 for Storm Water. Our allowance for doubtful accounts (a reserve for bad debt/write offs) is $25,605 or .05% uncollectible accounts per revenue dollar. According to the American Public Power Association’s most recent published standard ratios (2021) the industry standard is between .15% and 1.49%. Interestingly, the Northern/Central Plains average is .15%. Our totals for the year are below the national average, at .03%. ATTACHMENTS: • 2025 First Quarter Delinquent Items Comparison • 2025 First Quarter Delinquent Items Submitted 58 Delinquent Items Comparisons Year Quarter Assessments Collection Agency Revenue Recapture Rev Recap/Coll Agen Write-Offs Rev Recap Pmts 2021 1 - - 2,600.71 2,600.71 1,362.30 5,875.40 2021 2 - - 3,802.55 3,802.55 1,559.69 1,841.70 2021 3 - - 4,085.99 4,085.99 2,482.70 2,132.85 2021 4 13,572.01 - 6,532.49 6,532.49 1,819.22 2,784.22 2022 1 - - 6,446.46 6,446.46 1,405.27 6,749.22 2022 2 - - 7,547.92 7,547.92 2,402.70 3,648.77 2022 3 - - 15,900.91 15,900.91 4,364.37 2,285.05 2022 4 9,042.25 - 6,796.66 6,796.66 6,008.66 167.94 2023 1 - 520.00 7,160.11 7,680.11 1,961.37 7,179.17 2023 2 - - 5,379.18 5,379.18 22,049.08 3,449.26 2023 3 - - 5,514.33 5,514.33 1,643.54 2,723.58 2023 4 10,994.99 465.14 12,853.33 13,318.47 5,222.43 1,564.65 2024 1 - - 2,879.26 2,879.26 2,962.89 8,955.64 2024 2 - - 5,095.50 5,095.50 4,102.00 3,166.13 2024 3 - - 8,444.30 8,444.30 6,495.34 1,322.98 2024 4 15,379.59 - 9,691.36 9,691.36 2,498.27 258.83 2025 1 3,379.27 3,379.27 3,097.48 10,193.73 2025 2 - 2025 3 - 2025 4 - 0 2,500 5,000 7,500 10,000 12,500 15,000 17,500 20,000 22,500 2021 2022 2023 2024 2025 Quarterly Write-Offs by Year 1 2 3 4 Quarter 0 2,500 5,000 7,500 10,000 12,500 15,000 17,500 2021 2022 2023 2024 2025 Quarterly Amts Submitted for Collection by Year 1 2 3 4 Quarter 59 0 2,500 5,000 7,500 10,000 12,500 15,000 17,500 2021 2022 2023 2024 2025 Total Assessments 2021 2022 2023 2024 2025 Year 0 2,500 5,000 7,500 10,000 12,500 15,000 17,500 20,000 22,500 25,000 27,500 30,000 32,500 2021 2022 2023 2024 2025 Total Write-Offs 2021 2022 2023 2024 2025 Year 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 2021 2022 2023 2024 2025 Rev Recap to Write-Off Comparison Total Submitted to RR Total RR Pmts Total Write-Offs Values 60 Sum of Total AR Agency Provider B 1ERUE 3,054.88 2ERUW 8.18 3CTYS 41.58 6CTYF 271.35 7CTYS 3.28 Grand Total 3,379.27 61