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hrmjustin

(71,265 posts)
Wed Jul 23, 2014, 10:56 AM Jul 2014

City owed $1.5B in uncollected judgments

Sally Goldenberg

New York City, which operates with a $75 billion budget, is owed $1.48 billion in unpaid judgments from more than 1.5 million infractions, including building, fire and sanitation code violations, Capital has learned.

The money owed by individuals and businesses also includes $350 million in interest, according to information provided to Capital upon request by the City Council.

The Council received the data from the Department of Finance, which is responsible for collecting outstanding debt from docketed judgments it receives from the city's Environmental Control Board. Not all city agencies are under the purview of the E.C.B., but the 13 ticket-issuing departments—which also include the police department, Department of Environmental Protection and parks department—are.

About $1.23 billion, or roughly 83 percent of the money that's owed, dates back more than two years, and some of it goes back as much as seven years, according to the information provided.

http://www.capitalnewyork.com/article/city-hall/2014/07/8549448/city-owed-15b-uncollected-judgments?top-featured-2

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