Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Bay County tax collector outlines tax-certificate sale process to CRA board
Summary
Tax Collector Chuck Purdue briefed the CRA on the tax certificate sale process, explaining timelines, investor bidding on interest rates, county strike-off for unsold certificates and the seven-year expiry of struck certificates.
Chuck Purdue, Bay County Tax Collector, briefed the Panama City CRA on the county’s tax certificate and tax deed process, answering board questions about investor participation, unsold certificates and how liens are resolved.
Purdue described the typical timeline: property appraisals generate tax bills in October–November, discounts apply for early payments, delinquent notices go out after March 31, and tax certificates are offered for sale on June 1. Investors bid on the interest rate on outstanding taxes; the bidding starts at 18% and is bid down to a…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
