Treasurer reports strong tax collection, flags foreclosure and software issues

City Treasurer Spencer Cox told the committee that the treasurer's 2027 proposed budget is modestly higher, driven by personnel and small operating increases, and that the office continues to maintain a high property tax collection rate "between 98–99%," which Cox called among the best in the country. Cox provided year‑to‑date delinquency and foreclosure figures and said the city continues to pursue collection through in‑house options, contracted counsel and longer payment plans offered by contractors.