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Board presses city over delayed tax collections, considers moving collection to Bank of Utica

Utica City School District Board of Education · March 26, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Board members and staff described delayed tax remittances from the City of Utica, reported multi‑year delinquent balances and interest losses, and directed staff to prepare a timeline and proposal to move tax‑collection services to the Bank of Utica if the city does not resolve the issue.

Board members and staff spent a substantial portion of the meeting discussing persistent delays in tax remittances from the City of Utica and potential operational alternatives.

Finance staff reported that the district received a March payment of $378,924 and laid out unpaid balances by school year: approximately $643,000 for 2021–22, $978,000 for 2022–23, and roughly $2,670,000 for 2023–24 in delinquent or trickling receipts. The finance presenter said the city typically…

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