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<classification authority="sudocs">GA 1.13:RCED-96-52</classification>
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 <subject>Property disposal</subject>
 <subject>Federal aid for housing</subject>
 <subject>Public utilities</subject>
 <subject>Property taxes</subject>
 <subject>Real estate sales</subject>
 <subject>Foreclosures</subject>
 <subject>Fines (penalties)</subject>
 <subject>Sewage disposal</subject>
 <subject>Delinquent taxes</subject>
 <subject>Administrative costs</subject>
 <identifier>HUD Single Family Accounting Management System II</identifier>
 <identifier>HUD Single Family Property Disposition Program</identifier>
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<titleInfo>
 <title>Property Disposition: HUD&apos;s Illinois State Office Incurred Unnecessary Management Expenses</title>
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<abstract>GAO provided information on the unnecessary management expenses being
incurred by the Department of Housing and Urban Development&apos;s (HUD)
Illinois State Office in its property disposition program.&lt;p/&gt;GAO found that: (1) there were two practices at the Illinois State
Office that unnecessarily increased HUD management costs; (2) the office
incurred $22,000 in unnecessary expenses when it continued to pay for
water and sewer services for 60 vacant properties that were held in
inventory for months before these properties were sold; (3) because the
office did not pay property taxes on time, it lost three properties and
incurred $62,000 in unnecessary expenses to recover the properties and
pay the penalties and interest on the delinquent taxes; (4) the office&apos;s
expenses to recover these properties were substantially higher than the
amount it would have paid had it timely acted; and (5) the office could
avoid having future tax liens and losing properties if it better tracked
its unpaid taxes.</abstract>
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<identifier type="preferred citation">GAO/RCED-96-52</identifier>
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<note>Letter Report</note>
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 <searchTitle>GAO/RCED-96-52; Property Disposition: HUD&apos;s Illinois State Office Incurred Unnecessary Management Expenses;
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<subject>
 <topic>Property disposal</topic>
 <topic>Federal aid for housing</topic>
 <topic>Public utilities</topic>
 <topic>Property taxes</topic>
 <topic>Real estate sales</topic>
 <topic>Foreclosures</topic>
 <topic>Fines (penalties)</topic>
 <topic>Sewage disposal</topic>
 <topic>Delinquent taxes</topic>
 <topic>Administrative costs</topic>
 <topic>HUD Single Family Accounting Management System II</topic>
 <topic>HUD Single Family Property Disposition Program</topic>
 <topic>Illinois</topic>
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  <title>United States Code</title>
  <partNumber>Title 31 Section 720</partNumber>
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 <identifier type="USC citation">31 U.S.C. 720</identifier>
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