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Treasurer reports nearly $30M in bank balances and an in rem push to reduce delinquent taxes
Summary
The treasurer reported total bank balances of $29,985,027.75 and said the county is moving forward with an in rem process expected to materially reduce delinquent tax balances; staff noted reporting anomalies after a LandNav system switch.
The Treasurer presented the end‑of‑August cash position and provided context for tax collections and delinquent balances. "So the, end of the bank balances for August 31, total $29,985,027.75," the Treasurer reported to the finance committee. Staff said receipts for the period totaled $5,261,936.83 and sales tax receipts were $276,007.00.
Committee members pressed staff on delinquent tax balances and the Treasurer said the county is "moving forward with the in rem process," an action staff expects will reduce the delinquent balance (previously estimated near $320,000 that might have to be written off). The Treasurer also explained some reporting inconsistencies stemmed from a LandNav system conversion in July, which caused some payments not to appear on earlier reports.
Why it matters: the county’s cash position and the trajectory of delinquent taxes affect the fiscal choices available for the 2026 budget, including whether to draw on fund balances or adjust levy requests. The committee requested follow‑up detail on several tax settlement line items and earlier warrants.
