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County auditor reports tax sale recovered delinquent tax revenue and yielded net proceeds
Summary
LaPorte County auditor reported the outcomes of a recent tax sale: of 871 delinquent properties identified, 439 paid during the notice period; 370 were offered at sale, 161 sold, and the process generated net proceeds that increased county cash by roughly $2 million.
County Auditor Mike Rosenbaum reported to the LaPorte County Council on Oct. 27 the results of a recent tax-sale process that recovered significant delinquent-property receipts.
Rosenbaum said 871 properties were initially identified for tax sale after missing three tax payments (about 18 months delinquency) totaling roughly $3.8 million in unpaid taxes. During the required…
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