It's not $175 million, but it can't hurt
The D.C. Office of Tax and Revenue recently held its annual auction of tax liens on delinquent commercial and residential properties. This year, there were 2,717 liens up for grabs. Of those, only 86 are connected to properties in Georgetown. The owners of those properties owe a combined $919,410 to the city.
The auction only sold off less than half the available tax liens, for a total sale price of $11.2 million. But with the city facing a $175 million shortfall for next year, every little bit helps.
Topher Mathews blogs at The Georgetown Metropolitan. The Local Blog Network is a group of bloggers from around the D.C. region who have agreed to make regular contributions to All Opinions Are Local.
| September 28, 2010; 12:49 PM ET
Categories: D.C., Georgetown, Local blog network, taxes
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