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Oscoda County creates 2025 Tax Revolving Fund to purchase delinquent 2024 taxes
Summary
The Board approved creating a 2025 Tax Revolving Fund to purchase delinquent 2024 township taxes, funded from an uncommitted reserve (Fund 516) and establishing a Huntington Bank GOF account to manage collections and fees.
Oscoda County's treasurer explained the process for handling delinquent 2024 township taxes and the board approved creating a 2025 Tax Revolving Fund to finance purchasing those delinquent parcels.
Mr. William Kendall, county treasurer, said Feb. 28, 2025 is the last day for 2024 summer and winter taxes to be paid at the township level; taxes unpaid at that point are presented to the treasurer's office in March for purchase. Kendall recommended funding the Tax Revolving Fund from the uncommitted Reserve of Fund (516) and establishing a General Operating Fund account at Huntington Bank to manage collections and fees. The board approved the motion to create the fund (motion 2025-062) by unanimous roll call.
The motion instructs the treasurer's office to proceed with purchasing delinquent taxes and to collect fees and interest as allowed by statute; the board did not specify the fund's maximum size or the precise timetable for purchases beyond the standard collection process. The treasurer asked that the board chair explain Robert's Rules to a Youth in Government group later in the meeting; administrative follow-up on fund accounting will be handled by the treasurer's office and county finance staff.
