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MVBA reports Groesbeck ISD delinquent-tax collections exceeded 100% over four years
Summary
McCreary, Veselka, Bragg & Allen told the Groesbeck ISD board that delinquent-tax collections have averaged over 100% of levy in the past four years, with 2024 collections at 100.98% when penalties and interest are included; some amounts remain uncollectible due to insolvency or bankruptcy.
McCreary, Veselka, Bragg & Allen (MVBA) presented Groesbeck ISD's delinquent-tax collections report during the March 16 board meeting. Staci Gold told trustees that "over the past four years, collections have been over 100%," and that 2024 collections totaled 100.98% of the levy when penalties and interest were included.
Gold explained the report separates taxes into active collections, temporarily uncollectible, and uncollectible categories, and said some balances cannot be pursued further because of insolvency, bankruptcy or tax-deferral programs. Matt Adams, also with MVBA, was noted as assisting districts with school-finance matters and providing the collections review as an additional, no-cost service.
The board did not take formal action tied to the collections report at the meeting; the presentation served as an update to trustees on collection performance and outstanding balances. MVBA's summary provides the district and the public a snapshot of recent collection results and the reasons certain amounts remain uncollectible.
