OUTSOURCING OR SELLING COUNTY DEBT

Board of County Commissioners · 2026-07-21 · report

This is a report to the Board of County Commissioners on the feasibility of outsourcing or selling County debt, in response to Resolution R-785-25. As of July 29, 2025, the outstanding debt for County Departments was about $525 million, exclusive of Jackson Health System. The report identifies almost $41 million gross (8%) of that balance that could be considered for sale to third-party collection agencies or receivables buyers. The staff recommendation is to consider the sale of a portion, not the totality, of the outstanding debt portfolio. The report was accepted by the Board on July 21, 2026. No specific project, site, or construction work is described.