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Past News Briefs


TAX CERTIFICATE SALE POSTS RECORD SALES


TAX CERTIFICATE SALE POSTS RECORD SALES


Supplemental Sale Slated for June 23

BARTOW, Florida/ PR Free/ July 1, 2010

Joe G. Tedder, Tax Collector of Polk County announces all but 7,248 tax certificates were sold in this year's tax certificate sale. This represents only $985,266 in remaining tax dollars as compared to 14,404 tax certificates representing $6,952,711 from last year, and the best results of any year since tax certificate sales have been conducted online.

Based on the success of this sale, Tedder says over 99.49% of the 2009 tax roll was collected and distributed. Interest rates also dropped for investors from 13.98% last year to 5.62% this year.

The remaining 7,248 tax certificates will go on sale beginning July 1, 2010. The interest rate for all of the certificates will be 18% based on Florida Statute 197.472.

For more information on registration and bidding please go to www.polktaxes.com

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