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Commissioners approve cancellation of uncollectible tax assessments tied largely to inactive oil and gas accounts
Summary
Elbert County commissioners approved a resolution to cancel uncollectible tax assessments, citing numerous oil-and-gas personal-property accounts that are inactive or bankrupt and therefore unlikely to be collected.
Elbert County commissioners approved a resolution on Jan. 22 to cancel uncollectible tax assessments for accounts that county staff determined were unlikely to yield collection.
County treasurer and assessor staff told the board they had identified a substantial group of personal-property accounts—primarily oil-and-gas equipment linked to inactive or bankrupt producers—that had become uncollectible. Staff said distraining and storing or selling oil-and-gas equipment is hazardous and impractical, and that many accounts have been pursued for several years without successful collection.
The treasurer recommended writing off those taxes; commissioners approved a resolution (Resolution 25‑TBD in the packet) to cancel the listed uncollectible assessments by voice vote. Staff said a particular mobile home on the list was exempt because its assessed value was below the statutory threshold.
Ending: County staff said they would continue to monitor and pursue collectible accounts and that the write-offs reflect long-standing collection challenges with certain oil-and-gas personal-property accounts.
