Legislative History During 1998, the Legislature passed legislation enabling a taxing body to liquidate their delinquent real estate tax liens by selling the liens. This landmark legislation allows local taxing bodies the flexibility...
What changes will the taxpayers realize? The regular and delinquent taxpayer will see absolutely no change in the process of
collecting delinquent taxes. In most instances in Pennsylvania, the County Tax Claims Bureau manages the collection process...
What are the most valuable benefits of permitting tax lien sales? The local government receives its money immediately upon the sale, rather than
waiting on a lengthy collection procedure. Past due taxes that may have been on the rolls for years are resolved. The property becomes a tax source...
Municipal Revenue Services, Inc. (MRS) is a Pennsylvania-based company specializing in identifying unrecognized revenue opportunities for Pennsylvania cities, schools, counties and other taxing districts.
MRS has many years of experience auditing local governments.
Your School District can use the revenue without restrictions. Your School District can use all the revenue received from the sale of the delinquencies just like any other revenue the School District receives without any restrictions. For example, the School District can use the revenue for capital projects, capital maintenance, operations or simply to have cash available to minimize the need for tax anticipation notes.
The collection process will not change. The collection process currently in place will not be changed...
