§ 101274 Tax Redemption Fund Distribution

• •If your property is sold for unpaid taxes and you pay to get it back, the money is split fairly.
• •The split is based on how much tax each group (like the county or school district) was owed.
• •The money goes to the right treasurer or treasury for each group.

Imagine your house was sold at a tax sale because you forgot to pay your property taxes. Later, you save up and pay $5,000 to get your house back.

The $5,000 you paid doesn't all go to one place. If $3,000 of the original tax was for the county and $2,000 was for your local school district, then the county gets $3,000 and the school district gets $2,000 from your redemption payment.