Linebarger Goggan Blair & Sampson, LLP Our Partnership - - PowerPoint PPT Presentation

linebarger goggan blair sampson llp our partnership
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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


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SLIDE 1

Linebarger Goggan Blair & Sampson, LLP

Prepared for:

Hidalgo County Commissioners and Ramon Garcia, County Judge

Hidalgo County Fiscal Year End Report

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SLIDE 2

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

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SLIDE 3

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

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SLIDE 4

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

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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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SLIDE 5

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

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SLIDE 6

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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SLIDE 7

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

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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

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SLIDE 9

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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SLIDE 10

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Payment Centers

Precinct 4 205 S. Pin Oak Ave Edinburg, Texas

Precinct 3 1518 N. Conway Mission, Texas Precinct 2 400 North McColl Road McAllen, Texas Precinct 1 708 E. Edinburg Ave Suite B Elsa, Texas