SalemNews.com, Salem, MA

Local News

May 30, 2008

Beverly does 'decent job' on back taxes

BEVERLY — City councilors say it's one of the most common complaints from residents: With all of the budget problems facing the city, why doesn't it go after the $3 million in back taxes that it's owed?

Three million dollars is a lot of money, but an outside auditor told councilors this week that the city is doing a "decent job" of collecting back taxes.

James Powers of the accounting firm Powers & Sullivan said the city is owed $2.26 million in unpaid real estate taxes and about $700,000 in automobile excise taxes, for a total of about $3 million.

Powers said that amount is not unusual for a city of Beverly's size. He said it takes time and money, including the cost of hiring lawyers, to track down tax scofflaws.

"Nobody ever collects 100 percent," he said.

John Dunn, the city's finance director, said that the city collects 16 percent interest when overdue tax bills are paid.

Text Only | Photo Reprints
Local News

North Shore News Updates on Twitter
Stories Shared on Facebook
AP Video
Air Canada Plane Makes Emergency Landing Raw Video: 19 Dead in Qatar Shopping Mall Fire Beryl Makes Landfall on Florida Coast Service Dogs Help Wash. Soldiers Battling PTSD Raw Video: Heckler Bursts in on Blair Testimony Japan Farmers Plant, Seek Radiation-free Rice UN Blames Syrian Forces for Shelling Houla Raw Video: Gay Protest Blocked in Moscow Vatican in Chaos After Butler Arrested for Leaks Jimmy Carter Endorses Egypt's Election Results Biden Addresses West Point Graduating Class Dozens of Children Killed in New Syria Attack Raw Video: Activists Allege Massacre in Syria NJ Man Charged With Murder in Death of Patz Support, Fun for Kids of Fallen Soldiers at Camp Fugitive Penguin Caught, Returned to Aquarium 50 Years Later, Underground Fire Still Burning Light Show Transforms Sydney Opera House Raw Video: Unruly Passenger Restrained in Miami Raw Video: Robber Uses Drive-thru Window
Comments Tracker