Linebarger Goggan Blair & Sampson, LLP Our Partnership - PowerPoint PPT Presentation

Hidalgo County Fiscal Year End Report Prepared for: Hidalgo County Commissioners and Ramon Garcia, County Judge Linebarger Goggan Blair & Sampson, LLP

Our Partnership Maximizes the County’s Revenue Linebarger has collected over $13.1 Million in base tax, penalty and interest for the County through June 2016 2

Our Services Mailing collection notices Working through inquiries and disputes Litigation and pursuit of pre- Skip tracing and post-judgment remedies Inbound and outbound Offline payment remittance call campaigns Bankruptcy representation Facilitating payment 3

Status of Accounts – June 2016 Lawsuit, 31.6% Bankruptcy, 2.7% Other, 7.1% $10,140,224 $852,858 $2,253,463 Pending Action & Review, 1.8% Clear, 31.5% $589,055 $10,107,302 Exempt/Deferral, 25.3% $8,116,111 Status of No. of Category Base Tax Account Accts Over 65 and/or Deferral Exempt/Deferral 5,989 $8,020,463 Lawsuit/Judgment Lawsuit 10,631 $10,140,224 Bankruptcy Bankruptcy 946 $852,858 Homesteads Clear 8,038 $3,355,107 Owes Less than $100 Clear 15,275 $533,047 Clear Clear 13,453 $6,219,148 Exempt/Deferral Exempt/Deferral 73 $20,275 Struck Off to Jurisdiction Exempt/Deferral 95 $19,467 Veteran Disability / Exemption Exempt/Deferral 147 $55,906 Other Other 4,993 $2,253,463 Disabled Pending Action & Review 475 $396,867 Payment Arrangement Pending Action & Review 402 $192,188 All Accounts on File 60,517 $32,059,013 Source: Hidalgo County Tax Office Data 4

Tax Roll Analysis by Size of Delinquent Accounts Distribution of Tax Roll by Dollars Due As of August 2016 (Base Only and Includes 2015 taxes) $6,808,552 $6,560,247 $6,151,427 $5,619,495 $2,431,681 $1,022,801 $336,530 $0-$500 $501-$1,000 $1,001-$2,000 $2,001-$5,000 $5,001-$10,000 $10,001-$20,000 $20,001 & UP Source: Hidalgo County Tax Office Data 5

Program Activities & Results July 2015 – June 2016 1,318 Lawsuits Filed - $2,215,772 Linebarger has 490 Lawsuits Disposed - $904,268 collected over $13.1 Million in base tax, penalty and 630 Judgements Taken - $934,805 interest for the County through June 2016 107 Tax Warrants - $150,362 11 Demand Mailings – 150,044 Letters 6

Tax Sale Program Results July 2015 – June 2016 Base Tax, Penalty and Interest Payment Paid Before Sale Agreement (26), *Pulled-Other (24), $59,068 $18,712 (21), $169,234 Sold (105), Struck Off (123), $333,693 $559,140 *Pulled from Sale: Bankruptcy, Letters of Commitment & Deferrals 7

Tax Resale Program Results July 2015 – June 2016 Base Tax, Penalty and Interest Struck Off (70) Through the tax resale $444,450 program, Linebarger has returned over $4.31 million in Sold (155) appraised value back to the $346,290 tax roll 8

Three Year Collection Comparison July 2013 through June 2016 33.17% 31.23% 31.14% 2013-2014 2014-2015 2015-2016 Adj. DTR $33,060,086 Adj. DTR $31,661,197 Adj. DTR $30,349,603 Prior Firm Both Firms LGBS 9 Source: Hidalgo County Tax Office Data

Payment Centers Precinct 4 Precinct 3 1518 N. Conway 205 S. Pin Oak Ave Mission, Texas Edinburg, Texas Precinct 2 Precinct 1 708 E. Edinburg Ave 400 North McColl Road Suite B McAllen, Texas Elsa, Texas 10