OUTSOURCING OR SELLING COUNTY DEBT

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

This document is a report on the feasibility of outsourcing or selling County debt, not a development project. It recommends the Board consider selling a portion of the outstanding debt portfolio, specifically almost $41 million gross (8%) of the $525 million total outstanding debt as of July 29, 2025, to third-party collection agencies or receivables buyers. The report recommends against selling the other 92% due to compliance components, HIPAA data protection, potential legal risks under the FDCPA, and loss of ability to personally assist constituents. The report was introduced on 6/15/2026 and accepted by the Board of County Commissioners on 7/21/2026.