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Tax attorney reports steady collections for Gatesville ISD, flags delinquent balances
Summary
Nicholas Gecci of MVBA briefed trustees on delinquent tax collections: the district has collected more than 100% of levy in recent years when penalties and interest are included; about 3% of levies are initially delinquent, and the firm reported a $474,000 outstanding delinquent balance as of Aug. 31.
Gatesville ISD trustees received the annual attorney report on tax collections from Nicholas Gecci of MVBA, who summarized collection activity and delinquent-account work undertaken for the district.
Gecci said the district's cap tax collections have exceeded 100% in recent years when penalties and interest on prior years are included, noting that the firm collects current taxes and pursues penalties and…
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