July, 2017
School Money Matters
Online Newsletter From Municipal Revenue Service
Online Newsletter From Municipal Revenue Service
Online Newsletter From Municipal Revenue Service
©2017 Municipal Revenue Service. Municipal Revenue Service is a Patented Tax Lien Management Program. All Rights Reserved.
Helping Pennsylvania School Districts realize new revenue for their budgets by selling
delinquent property taxes with our patented tax lien management program.
Here we go again. Another yearly budget deadline for
your school district with no inclination as to how much
will be contributed to it from the Pennsylvania state
budget. As mandated costs increase they consume what
additional revenue the raising of property taxes gen-
erated, it’s never been harder to balance your budget.
Now more than ever, you need the additional revenue
stream that the tax lien management program from
Municipal Revenue Service (MRS) provides.
In September of 2006, The Government Accounting
Standards Board issued Statement 48, allowing all
Pennsylvania school districts to access this new
revenue source. MRS broker deals between banks and
non-profit entities that generate revenue from the sale of
your district’s unpaid property taxes. Real dollars that
are accessible today, instead of waiting 4 years or more
under the delinquent tax collection process, which
continues as usual as MRS is not a tax collector, so
there’s no interruption ever.
Online Newsletter From Municipal Revenue Service
Online Newsletter From Municipal Revenue Service
Online Newsletter From Municipal Revenue Service
Online Newsletter From Municipal Revenue Service
Online Newsletter From Municipal Revenue Service
MRS Tax Lien Management is a patented, tried and true
program that’s helped taxing districts across Pennsyl-
vania with over $400 million in instant revenue, not
additional debt. Fiscal challenges that face you and
other school districts are not going away, but neither is
MRS. Visit our website at www.municipalrevenues.com
to find out more and be sure to visit our References web
page providing contacts and their email addresses and
phone numbers. Don’t hesitate to contact them about
the help they’ve received from MRS.
The No-Obligation Tax Lien Management Seminar
MRS makes learning about tax lien management easy.
To schedule a no-obligation educational seminar for
your superintendent, business managers or school
board, call MRS today at 814-476-0400 and ask for Jeff
Spaulding or Jim Geronimo. And remember: We’re not
tax collectors.
Let’s talk tax lien management soon.
Helping Pennsylvania Taxing Districts Hit By Unpaid Property Taxes Generate New Revenue For Their Budgets Since 2003
The future of educational funding in Pennsylvania is not only questionable, it’s
downright daunting. More than 40% of school districts responding to a recent
PASA/PASBO survey said they expect their financial situation to be worse next year.
The Pennsylvania budget's $1.5 billion structural deficit will make it tougher for the
governor and state lawmakers to increase state subsidies to school districts in the
next budget cycle, even though mandated expenditures are greater than the current
revenue stream from the state for many school districts. This has strained or depleted
fund balances across the commonwealth. For years, the MRS Tax Lien Management
Program has been a great tool for building or restoring a fund balance. You get 90
cents on the dollar upfront when you sell your unpaid property taxes and because
your taxing district also collects penalties and interest from the delinquent property
taxes, you can realize over 100% of the face value when you stay with the program.
Call MRS today at 814-476-0400 and take that first step towards tax lien
management.