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 states that as of July 29, 2025, the outstanding debt for County Departments was about $525 million, of which almost $41 million gross (8%) 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 report is in response to Resolution R-785-25, sponsored by Commissioner Danielle Cohen Higgins, adopted by the Board on July 16, 2025. The report was introduced on 6/15/2026 and accepted on 7/21/2026. The report notes that the other 92% is not recommended for sale due to compliance components, HIPAA data protection, and legal risks under the Fair Debt Collection Practices Act (FDCPA). The report also notes that CCS has almost $17 million average annual collections on recurring balance. No public comment or stakeholder sentiment is stated in the document.