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. Of this, almost $41 million gross (8%) was identified as potentially sellable to third-party collection agencies or receivables buyers. The report recommends the Board consider the sale of a portion, not its totality, of the outstanding debt portfolio. The other 92% is not recommended for sale. The report notes that the outstanding balance of Jackson Health System was not included. The report was accepted by the Board on July 21, 2026. The report does not describe a specific construction or development project, site, or action.