Rasheed Wallace's 34K tax payment fails

Rasheed Wallace's 34K tax payment fails

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by KGW.com Staff

kgw.com

Posted on November 20, 2013 at 7:21 PM

Updated Wednesday, Nov 20 at 9:24 PM

PORTLAND -- Rasheed Wallace owes more than $150,000 in unpaid property taxes. His wife submitted an electronic payment last week for $34,686 dollars but when the county went to get the funds, they were told the account is not valid.

It’s possible that because an electronic payment was made, the wrong account number could have been entered by mistake. We've all made typos, but the taxes remain unpaid.

Background: Top Mult. Co. tax delinquents owe $6.5M+

The county sent Wallace, who is now an assistant coach with the Detroit Pistons, a letter stating the payment was declined.

“What happens next is we send the Wallace's a notice of a returned check fee for an additional $25 that they'll now have to pay because we could not collect the funds,” said Dave Austin with Multnomah County. “The funds were deemed non-collectable because the account doesn't exist.”

Wallace was in town for a Blazers-Pistons match-up last week. KGW tried to ask him why he hasn't paid, but he refused to talk to us.

More: Ex-Blazer Wallace mum on property tax debt

The $25 returned check fee will now be added to the $150,000 outstanding tax bill. That money is still being assessed at a 16-percent interest fee as long as it remains unpaid.

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KGW reporter Chris Willis contributed to this report.

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