City, county sell 24 parcels of tax-forfeited property
by MBJ Staff
Published: July 9,2013
PIKE COUNTY — A recent sale of tax-forfeited lands in McComb and Pike County generated approximately $37,706.
“Tax-forfeited lands lie dormant with the state and do not generate any money for our counties and our municipalities,” says Secretary of State Delbert Hosemann. “The sale of these tax-forfeited lands not only generated $37,706, but will also generate tax revenue for our cities and counties in the future.”
As a direct result of a joint effort between McComb Mayor Whitney Rawlings, the Pike County Board of Supervisors and Hosemann to aggressively market tax-forfeited lands, the state of Mississippi was able to sell 24 tax-forfeited properties back to private ownership. Sixteen parcels were sold in the City of McComb for $17,355 and eight parcels were sold in the county for $20,351.
Currently, the Secretary of State’s Office holds over $66.2 million worth of property forfeited to the state for non-payment of ad valorem taxes. There is approximately $113,363 of tax-forfeited property located in Pike County.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Mississippi no longer has highest unemployment rate in nation
- Grain buyer’s bankruptcy could take steep toll on Delta farmers
- HCC works deal with MSU Extension Service for land to expand
- McDaniel cites Gunn's challenge in his attempt to overturn loss to Cochran
- UPDATE — David Watkins says JRA left him in dark about HUD's Farish St. involvement
- Mad Genius, Eyevox owner acquires Mississippi Film Studios
- Report: Mississippi has worst child poverty rate in U.S.
- Payday lender, fired executive exchanging blame for lender’s regulatory woes
- Education leaders applying for $15M in grants for pre-kindergarten program