CITY OF PHILADELPHIA LOOKS TO INCREASE REVENUE COLLECTION TO BENEFIT SCHOOLS

Philadelphia, June 11, 2013 – The City of Philadelphia announced that it is seeking contracts for individuals or firms to serve as Sequestrators who will support the Department of Revenue’s collection activities.  Sequestrators will directly manage properties that have ongoing tax delinquency issues.

 

The process will augment compliance actions such as Sheriff Sales, which are currently used to collect revenue owed to the City.  In a process similar to receivership, the Sequestrator, appointed by the Court of Common Pleas on petition of the City, will collect rent and pay expenses, including all taxes.

 

This is a collaborative effort between the Office of the Director of Finance, the Department of Revenue, the Office of the Chief Revenue & Collections Officer, and the Law Department that will focus special attention on collecting delinquent real estate taxes. Since a significant portion of all real estate taxes provides funding for the Philadelphia School District’s budget, the enhanced process for collecting revenue will benefit Philadelphia’s school children and their families.
The City is seeking individuals, organizations, or businesses, including but not limited to, law firms and property management firms, to serve as Sequestrators.

 

Any vendors with the required skills and background who are interested in this opportunity can review the RFP on eContractPhilly (https://secure.phila.gov/eContract/ choose “contract opportunities).  All proposals are due by June, 28, 2013 at 5:00PM.

Posted in Education, Mayor's Press Releases, Press Release, Topics
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