The Secretary of State’s Office is releasing $196,876.83 to Hinds County, and cities and schools within the county, representing proceeds from recent tax-forfeited property sales. This represents the return of 228 parcels to the tax rolls.
Most of the parcels sold were within the city limits of Jackson; thus, the city and Jackson Public Schools will receive about 67 percent of the total raised. The remaining funds will be distributed in varying amounts to the Hinds County Board of Supervisors, Chancery Clerk, and Sheriff; the City of Clinton, the Clinton School District, and the town of Edwards.
“We have sold thousands of Jackson, Mississippi property back to people that are investing in it,” Hosemann said. “I think that’s really healthy, it goes back on the tax roles in addition to these dollars and they are split. The biggest recipient of today’s check will be the Jackson Public Schools. The county gets some, the city gets some, but the Jackson Public Schools will get the most.”
Hosemann added that they are doing this all across the state.
“We have auctions in Greenwood, Greenville, McComb, on the coast, and Meridian,” Hosemann said. “It’s proven to be very lucrative. It’s important to be able to get your neighborhood back on its feet you need people to be owning the property and paying taxes on it.”
Since Fiscal Year 2015, the State has turned over more than $2.45 million in tax-forfeited property sales revenue to Hinds County and cities and schools within the county.
In recent years, successful auctions in Bay St. Louis, Hancock County, McComb, Meridian, Pearl River County, Rankin County, Waveland, Vicksburg, Washington County, and Yazoo City have raised hundreds of thousands of dollars for Mississippi schools, municipalities, and counties.