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 contains no address, parcel, acreage, units, or zoning change. The report states that as of July 29, 2025, the outstanding debt for County Departments was about $525 million, and identified almost $41 million gross (8%) that could be considered for sale 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 final action was 'Accepted' on 7/21/2026. The report is in response to Resolution R-785-25, sponsored by Commissioner Danielle Cohen Higgins, adopted on July 16, 2025. The report notes that the other 92% is not recommended for sale due to compliance components, HIPAA data protection, and potential legal risks under the Fair Debt Collection Practices Act (FDCPA). It also states that CCS has almost $17 million average annual collections on recurring balance, and that the sale of receivables could jeopardize funding streams for departments and the Clerk of the Court and Comptroller. No public comment or stakeholder sentiment is stated in the document.