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Moving up the penalty assessment date, as indicated in item 1.), should accelerate <br /> collections. Additionally, the division has submitted a recommendation to change the <br /> wording of the ordinance which applies to billing and late fees. The proposed wording <br /> would more clearly define due dates and would also change from the current flat penalty <br /> charge to a finance charge which would be calculated on past due balances monthly. <br /> <br /> 3.) Include an "over 120 days" category in the aging analysis. <br /> As stated in item 1.), the timing of penalty assessment will be moved forward to occur at 60 <br /> days past due. This will eliminate the need for an "over 120 days" category in the aging <br /> analysis. <br /> cc DPW <br /> ADM <br /> nc <br /> -9- <br /> <br />