INDUSTRY NEWS: TAX SALES

ONLINE TAX SALE PAYS BIG FOR FORREST COUNTY

Friday, September 28, 2018   (0 Comments)
Posted by: Carly Cahur
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Forrest County’s tax sale using the GovEase online tax bidding process netted the county a pretty penny this tax season.

Tax Collector Delbert Dearman reported during Monday’s meeting of the Board of Supervisors that the county netted $229,874.30 in this year’s sale. Last year’s profit was $142,874.11.

“I would call the online tax sale a success,” said Dearman, explaining the excess online bid the county gets to keep was increased by 61 percent or $87,000 over last year.

“That will more than cover what the bill for GovEase is,” he said.

The board approved paying GovEase Auction $51,827.01 for their services.

This was the first time the county has used the online bidding service being used by 36 counties across the state, including Lamar County.

The county’s tax base went up 225 parcels and increased from 7.7 last year to 10.7 this year, an increase of 3 percent.

Read the whole article here

 


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