• Michael McDevitt
    JUL 02, 2026
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    City to partner with Bank of America to find private debt buyers for millions in unpaid traffic tickets

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    City Hall is pictured. [Don Vincent/The Daily Line]

    The city has selected Bank of America to serve as its intermediary to help sell hundreds of millions of dollars in unpaid traffic ticket debt to private buyers as part of a strategy that is aimed at contributing about $90 million toward closing the city’s 2026 budget gap.

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