Linebarger Goggan Blair & Sampson, LLP Our Partnership - - PowerPoint PPT Presentation
Linebarger Goggan Blair & Sampson, LLP Our Partnership - - PowerPoint PPT Presentation
Hidalgo County Fiscal Year End Report Prepared for: Hidalgo County Commissioners and Ramon Garcia, County Judge Linebarger Goggan Blair & Sampson, LLP Our Partnership Maximizes the Countys Revenue Linebarger has collected over $13.1
Our Partnership
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Linebarger has collected
- ver $13.1 Million
in base tax, penalty and interest for the County through June 2016 Maximizes the County’s Revenue
Our Services
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Litigation and pursuit of pre- and post-judgment remedies Working through inquiries and disputes Bankruptcy representation Facilitating payment Mailing collection notices Skip tracing Inbound and outbound call campaigns Offline payment remittance
Status of Accounts – June 2016
Lawsuit, 31.6% $10,140,224 Bankruptcy, 2.7% $852,858 Clear, 31.5% $10,107,302 Exempt/Deferral, 25.3% $8,116,111 Pending Action & Review, 1.8% $589,055 Other, 7.1% $2,253,463
- No. of
Accts Base Tax Category Status of Account
Over 65 and/or Deferral Exempt/Deferral 5,989 $8,020,463 Lawsuit/Judgment Lawsuit 10,631 $10,140,224 Bankruptcy Bankruptcy 946 $852,858 Homesteads Clear 8,038 $3,355,107 Owes Less than $100 Clear 15,275 $533,047 Clear Clear 13,453 $6,219,148 Exempt/Deferral Exempt/Deferral 73 $20,275 Struck Off to Jurisdiction Exempt/Deferral 95 $19,467 Veteran Disability / Exemption Exempt/Deferral 147 $55,906 Other Other 4,993 $2,253,463 Disabled Pending Action & Review 475 $396,867 Payment Arrangement Pending Action & Review 402 $192,188
All Accounts on File 60,517 $32,059,013
Source: Hidalgo County Tax Office Data
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Tax Roll Analysis by Size of Delinquent Accounts
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Distribution of Tax Roll by Dollars Due As of August 2016 (Base Only and Includes 2015 taxes)
$0-$500 $501-$1,000 $1,001-$2,000 $2,001-$5,000 $5,001-$10,000 $10,001-$20,000 $20,001 & UP
$6,151,427 $5,619,495 $6,560,247 $6,808,552 $2,431,681 $1,022,801 $336,530
Source: Hidalgo County Tax Office Data
Linebarger has collected over $13.1 Million in base tax, penalty and interest for the County through June 2016
1,318 Lawsuits Filed - $2,215,772 490 Lawsuits Disposed - $904,268 630 Judgements Taken - $934,805 107 Tax Warrants - $150,362 11 Demand Mailings – 150,044 Letters
Program Activities & Results July 2015 – June 2016
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Tax Sale Program Results July 2015 – June 2016 Base Tax, Penalty and Interest
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Sold (105), $333,693 Struck Off (123), $559,140 Paid Before Sale (24), $59,068 Payment Agreement (26), $18,712 *Pulled-Other (21), $169,234
*Pulled from Sale: Bankruptcy, Letters of Commitment & Deferrals
Tax Resale Program Results July 2015 – June 2016 Base Tax, Penalty and Interest
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Sold (155) $346,290 Struck Off (70) $444,450
Through the tax resale program, Linebarger has returned over $4.31 million in appraised value back to the tax roll
Three Year Collection Comparison July 2013 through June 2016
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31.14% 33.17% 31.23%
2013-2014
- Adj. DTR $33,060,086
Prior Firm 2014-2015
- Adj. DTR $31,661,197
Both Firms 2015-2016
- Adj. DTR $30,349,603
LGBS
Source: Hidalgo County Tax Office Data
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