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Indian River County, Florida
<br />Property Tax Levies And Collections (Unaudited)
<br />Last Ten Fiscal Years
<br />Schedule 9
<br />Year
<br />Percent of Percent of
<br />Total Current Current Tax Delinquent Total Total Tax
<br />Tax Tax Collections Tax Tax Collections
<br />Levy Collections To Tax Levy Collections L1j Collections To Tax Levy
<br />2007 $ 102,986,045 $ 99,404,127 96.52% $ 61,566 $ 99,465,693 96.58%
<br />2008 103,700,766 99,716,496 96.16 48,241 99,764,737 96.20
<br />2009 97,439,623 94,107,423 96.58 273,002 94,380,425 96.86
<br />2010. 87,360,868 84,431,741 96.65 171,392 84,603,133 96.84
<br />2011 77,790,733 75,215,452 96.69 290,472 75,505,924 97.06
<br />2012 72,668,518 70,200,922 96.60 133,385 70,334,307 96.79
<br />2013 69,251,173 66,838,348 96.52 111,341 66,949,689 96.68
<br />2014 75,101,883 72,572,593 96.63 149,546 72,722,139 96.83
<br />2015 79,309,078 76,537,192 96.50 91,754 76,628,946 96.62
<br />2016 87,611,062 84,648,230 96.62 60,147 84,708,377 96.69
<br />All taxes are due and payable on November 1 of each year or as soon thereafter as the assessment roll is certified and
<br />delivered to the Tax Collector. All unpaid taxes become delinquent on April 1 following the year in which they are assessed.
<br />Discounts are allowed for early payment at the rate of 4% in the month of November, 3% in the month of December, 2% in
<br />the month of January and 1% in the month of February. The taxes paid in March are without discount.
<br />(1) On or prior to June 1 following the tax year, certificates are sold for all delinquent taxes on real property. After the sale,
<br />tax certificates bear interest of 18% per year or at any lower rate bid by the buyer. Application for a tax deed on any
<br />unredeemed tax certificates may be made by the certificate holder after a period of two years. Unsold certificates are held by
<br />the County.
<br />Delinquent taxes on personal property bear interest of 18% per year until the tax is satisfied either by seizure and sale of the
<br />property or by the seven year statute of limitations. The County does not accrue its portion of the County -held certificates
<br />due to the immaterial amount.
<br />Source: Indian River County Property Appraiser and Tax Collector provided the above information; consequently, the
<br />reported collections on this schedule will vary from the actual collections as reported on Schedule 5. The Tax Collector
<br />does not report the interest earnings on the collections, however, the County includes those interest earnings as part of the
<br />total tax collection.
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