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Contract collector reports county collections near levy, delinquent balance about $538,293
Summary
Nick Yecchi of the collections firm reported Coryell County has collected more than 100% of levy revenue in recent years, with 2024 cumulative collections at about 99.17% and an outstanding delinquent balance reported at $538,293; the firm said most delinquency is collected early in the collection cycle.
Nick Yecchi, a shareholder with the collections firm listed on the agenda packet, presented the court with an update on delinquent property tax collections and collection performance. "You're at 99.17 for 2024," Yecchi said while reviewing the county's four-year revenue trend, and he added that the county typically collects more than the levy due to penalties and interest. He described the firm's collection timeline: "within the first 9 months of collection activity in 2024, we collected 62.48% of the delinquency," and by 45 months they had recovered 85.42%.
Yecchi told the court the firm's detailed pages show the status of delinquent balances by year; he reported an outstanding delinquent balance of $538,293 and noted that certain deferrals for over-65 or disability taxpayers are protected by statute. He also described enforcement steps the firm uses from initial notices to lawsuits, judgments and, only as a last resort, tax sales -- "in that whole period of time... only 3 got sold," he said, illustrating that most delinquent accounts resolve without property sales. County staff thanked the presenter and did not take immediate additional action beyond retaining the report for the county record.
