OUTSOURCING OR SELLING COUNTY DEBT

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

The 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 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 accepted by the Board of County Commissioners on 7/21/2026.