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Bernalillo County treasurer flags long-delinquent property taxes, proposes MOU to speed collections
Summary
Treasurer Eichenberg told the Board of Finance that long-delinquent property taxes (subject to a 10-year statutory presumption) have fallen off the rolls and proposed an MOU for county staff to assist the state property tax division with searches and title work to accelerate collections.
Treasurer Eichenberg told the Board of Finance Nov. 18 that older property-tax delinquencies risk being removed from the tax roll under state law and that the county loses potential interest income when those amounts are no longer collectible. "By state statute, they're presumed paid after 10 years of delinquency," Eichenberg said, presenting the issue to the board.
Eichenberg said some 2015 delinquencies had effectively fallen off the roll under that presumption and recommended exploring a memorandum of understanding (MOU) with the state property tax division so county staff could assist with delinquent searches, title…
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