District Assigns Delinquent Tax Receivables to Statewide Authority
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Description
The Board approved Resolution No. 15/2025-26 authorizing the sale and assignment of delinquent tax receivables for fiscal years ending 2026, 2027, and 2028 to the California Statewide Delinquent Tax Finance Authority. The resolution permits execution of purchase and sale agreements at prices set by the Authority's board.
Contract Details
Vendor
CALIFORNIA STATEWIDE DELINQUENT TAX FINANCE AUTHORITY
Agency
El Segundo Unified, CA
Contract Type
FINANCIAL_SERVICES
Document Date
April 28, 2026
Contract Term
Fiscal years ending June 30, 2026; June 30, 2027; and June 30, 2028
Renewal Date
2028-06-30
Renewal Info
Resolution authorizes sales of delinquent tax receivables for three consecutive fiscal years under purchase and sale agreements similar to prior transactions.
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