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Foreclosure Sales Completed On Past Due <br />Accounts <br />Completed two foreclosure sales in FY 2024 for <br />$41,312 <br />• One was completed by Utilities and was sold 3rd Party <br />• Sale proceeds paid entire debt totaling $3,979 <br />• One was completed by another County Department and <br />was a no -bid sale <br />• Utilities recognized a loss and wrote off the entire balance <br />back in August <br />• Service charges written off $9,324 <br />• Penalties and interest written off $28,009 <br />10/22/2024 Item 12,11 <br />l� Balance Of Greater Than 120 Day <br />Delinquent Accounts <br />• Balance of greater than 120 <br />IRCDUSA/R 120+ Days Delinquent <br />days delinquent A/R is <br />$4,000 - $3.717 <br />$1,755,646 h $3,500 <br />• 21 accounts totaling $891,655 ~$3000 <br />have been referred for $2.500 <br />foreclosure $2.000 <br />• 213 accounts totaling $863,990 $1.500 <br />have not yet been referred and $1 <br />.000 <br />$500 <br />are actively being worked for $0 <br />collectiFUcIlYew <br />on <br />10/22/2024 Item 12,11 <br />