SHALIMAR — The June 1 online tax certificate sale has produced millions of dollars for the Okaloosa County taxing authorities.
The 2015 tax roll was set at $216 million; collection began in November and recently concluded with the sale.
This year’s tax certificate sale produced $5,042,583.77 in revenue from the sale of 3,166 tax certificates. According to Tax Administrator Justin Gordon, nearly $209 million in 2015 real estate and tangible personal property taxes have been collected and distributed to date.
Gordon said, “Tax payers also saved $7,449,108.42 by taking advantage of early payment discounts.”
Anderson credits the success of the sale to workshops held throughout the county in May. “The workshops educated both property owners and investment bidders, and as a result, 680 certificates were awarded to local bidders at an average rate of 6.37 percent.
“The success of the online tax certificate sale platform is a testament to our efforts to more efficiently collect taxes on behalf of our citizens."
This article originally appeared on Crestview News Bulletin: Okaloosa Tax Collector's office releases certificate sales results