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Law firm reports 98.32% tax collection rate; $1.5M recovered via taxable-value audit

Waco Independent School District Board of Trustees · October 25, 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

McCray Law Firm attorney Robert Myers told the board Waco ISD collected about 98.32% of current-year taxes and that a taxable-value audit returned $1.5 million in state aid; Myers also said the firm filed roughly 150 suits this year in collection activity.

Robert Myers, an attorney with McCray Law Firm, gave the board a multi-year review of delinquent tax-collection activity and recovery efforts.

"The district collected 98.32% of its taxes in the last current, school fiscal year," Myers said, showing five-year collection trends and explaining reasons for year-to-year anomalies. He told trustees the 2023 levy dropped after state homestead-exemption changes and rate compression, and he described steps the firm uses to work with taxpayers (first-class notices, bilingual outreach, payment plans).

Myers also described delinquent-collection outcomes: approximately 150 suits filed during the fiscal year and about 68 properties posted for tax sale (with only about 20 actually selling). He highlighted a taxable-value audit the firm filed with the state that recovered $1,500,000 in additional state aid for the district.

Why it matters: High collection rates support the district's revenue picture, but appraisal-district adjustments and refunds can create reporting noise. The board thanked Myers for long-term service and noted that he plans to retire; Connor Buchanan (co-presenter) will continue firm representation.

Bottom line: Trustees received detailed collections metrics and a description of outreach and enforcement practices that feed the district's revenue and state-aid calculations.