Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Tax Collections topic
No spam. Unsubscribe anytime.
Outside firm says it has already collected about $1M in delinquent taxes for Waco ISD; appraisal protests rising
Summary
The district's delinquent-tax contractor reported collecting more than about $1,000,000 this fiscal year, described outreach and repayment approaches, and warned appraisal-district protests have increased substantially in recent years.
Connor Buchanan, representing the district's delinquent-tax collection firm, presented the district's property-tax recovery results and outreach process. "In the last fiscal year, we collected an additional about 1000000 dollars," he said, describing that sum as collections turned over last July and already partly received by the district.
Buchanan and Rick Bostwick explained the process of outreach, payment plans, and limited use of lawsuits or sales. Bostwick said the firm tries to balance maximizing collections with respect for constituents and noted that of the hundreds of accounts turned over they filed 211 lawsuits and only sold or bid into trust eight properties. They also said appraisal-district protests have grown from roughly 14,000 to 24,000 per year, which complicates collections and can lead to refunds and roll changes. The presenters said their firm's audits also recovered $731,000 for tax year 2021 and more than $8 million in state funding over seven years for the district.
