Section 11-355. Reporting


Latest version.
  • The commissioner of finance shall submit an annual
      report  to  the council concerning the sale or sales of tax liens during
      the preceding year pursuant to this chapter. Such report  shall  include
      the  following  information  regarding  such  sale  or  sales: a list of
      properties for which a tax lien or tax liens  has  or  have  been  sold,
      including  identification  of the particular tax lien or tax liens sold;
      the  proceeds  received  from  the  sale  or   sales   of   tax   liens;
      identification  of the purchaser of and servicer for the tax lien or tax
      liens sold; a report  of  servicer  activities  during  the  immediately
      preceding  year;  the redemption rate for tax liens that have been sold;
      the delinquency  rate  for  real  property  taxes  for  the  immediately
      preceding  year;  and any other information pertinent to the sale of tax
      liens that may be requested  by  the  council  and  which  is  not  made
      confidential  pursuant  to section 11-208.1 of the code. Upon request by
      the council, information provided in such report shall  be  arranged  by
      community board. In addition to such report, the commissioner of finance
      shall  from  time to time provide any other information pertinent to the
      sale of tax liens that may be requested by the council and which is  not
      made  confidential  pursuant  to section 11-208.1 of the code, including
      updated information regarding the sale or sales of tax liens pursuant to
      this chapter.