Abreu asks about revenue from innovative collection strategies

DOF indicated that the department is pursuing innovative and targeted strategies to expand collections, including partnering with the Department of Buildings and the Department of Transportation to enforce license and permit suspensions,

requiring licensees and permit holders to satisfy outstanding ECB judgment debt before applying for or renewing credentials.

Two, converting DOB-issued ECB judgments into property liens to strengthen enforcement and improve recovery rates.

And three, implementing targeted outreach efforts, including specialized mailings to encourage payment and increase compliance.

How much additional revenue does DOF expect each of these initiatives to generate in FY27?

So, again, we are constantly trying to improve and working with our city agencies, sister agencies, in order to improve some of the collections.

And we've been in constant communication with them.

The efforts that we have with, like, DOT and DOB in terms of, like, permitting, our early estimate is about $10 million.

Our increased outreach efforts we think will yield an additional $1.5 million.

In terms of the lien conversions, that is something that we are in constant contact with DOB on and a legislative route that we are currently seeing if it's a viable option or not.

So we don't necessarily have an estimate for that, but we are trying to figure out what could be done right now.

And when do you think you can get an estimate on the lean conversions?

We're working with the Department of Buildings on the scope.

And once you figure out the scope, I think it will give us a better understanding of what is convertible and what's not.

Once you figure out the scope and what makes sense.

Yeah, like scope of violations, what makes sense, how long, what's dockable, what's not.

Sort of once we get a little bit more into the details with DOB is when we'll figure it out.

And you can share that with us.

Yes, yes.

Great.

Sounds great.