What's Happening?
Luzerne County's annual free-and-clear delinquent tax auction resulted in $461,084 in revenue, as reported by Elite Revenue Solutions LLC. Out of 120 properties listed, 81 were purchased by bidders. Additionally, two land banks acquired seven properties using their trump bid authority, which allows them to acquire properties by paying the starting bid. The North East Pennsylvania Land Bank Authority acquired five properties, while the Lower South Valley Land Bank purchased two parcels. The highest bid was $65,000 for a property in Larksville. The county is also seeking proposals for armed security guard services for its buildings and is facing funding delays due to the state budget stalemate.
Why It's Important?
The tax sale provides significant revenue for Luzerne County, aiding in financial stability and enabling land banks to revitalize rundown properties. The acquisition of properties by land banks can lead to community development and increased property values. The county's efforts to secure armed security services highlight a focus on safety and security in public buildings. The state budget impasse poses challenges for county services, particularly affecting human service departments, which rely on timely state funding.
What's Next?
Luzerne County will continue to address security needs by reviewing proposals for armed guard services, with responses due by September 9. The county council plans to vote on a resolution urging the state legislature to finalize the budget, aiming to alleviate funding delays. The council also approved a wellness trail project and a lease modification with the federal government, which may impact future county revenues and property use.
