PaymentExpress® Delivers Expanded Payment Options to the Seminole County, FL Tax Collector’s Office
October 15, 2024October 15, 2024 Grant Street Group successfully launched its government-focused PaymentExpress and LienHub solutions for the Seminole County Tax Collector’s office. The introduction of these solutions modernizes online and in-person payments and streamlines online tax certificate sales – bringing convenience and flexibility to the County’s bustling metropolitan area. With PaymentExpress, residents can now make payments… Read more »
Hall County, Georgia Tax Commissioner’s Office Implements PaymentExpress® for Fast, Secure E-Payments
August 20, 2024GAINESVILLE, Georgia – Grant Street Group is now providing the Hall County Tax Commissioner’s Office with PaymentExpress, an integrated electronic payment processing solution. PaymentExpress enables fast and convenient checkout options for motor vehicle and property tax payments in Hall County’s Gainesville office. Hall County residents can now make payments using contactless methods, such as tap-to-pay,… Read more »
PaymentExpress® Delivers Expanded Payment Options to the Massachusetts Educator Licensure
July 15, 2024Grant Street Group successfully launched its PaymentExpress solution for online payments with the Massachusetts Department of Elementary and Secondary Education (DESE). PaymentExpress now provides a secure and efficient online payment processing system for DESE’s educator license applications. Through PaymentExpress, DESE customers, including teachers, administrators, and other educators, can now seamlessly apply for, renew, and pay… Read more »
Hawai’i County Selects PaymentExpress® to Modernize E-Payments for Vehicle Registration and Licensing
June 28, 2024Grant Street Group, a leading provider of comprehensive e-payment solutions for government agencies, has been awarded a contract to provide its PaymentExpress software to modernize e-payment services for the Hawai’i County Department of Finance and Vehicle Registration and Licensing Division (VRL). PaymentExpress will provide the County full-scale payment processing capabilities, fully integrated in real-time with… Read more »
Georgia Department of Revenue Tax Center Now Using PaymentExpress® for Fast, Secure E-Payments
May 30, 2024Grant Street Group successfully launched its PaymentExpress solution for online and in-person payments for the Georgia Department of Revenue (DOR) across its 12 regional offices and online at the Georgia Tax Center. In addition to processing all of DOR’s motor vehicle related payments, PaymentExpress now processes payments for DOR’s various state tax payments and includes… Read more »
Cobb County Tax Commissioner’s Office Streamlines In-Person Payments with PaymentExpress®
May 7, 2024Grant Street Group is now providing the Cobb County Tax Commissioner’s office with an integrated credit card solution for DRIVES in-person payments via PaymentExpress across five county locations. PaymentExpress enables the Cobb County Tax Commissioner’s offices to provide taxpayers with a fully-integrated, fast, and convenient payment experience for in-person DMV transactions conducted at county offices…. Read more »
Williamson County Tax Assessor Collector Selects PaymentExpress® for E-Payments
April 23, 2024The Williamson County Tax Assessor Collector’s Office has contracted with Grant Street Group to modernize and enhance its e-payment services for its citizens with PaymentExpress®, Grant Street’s comprehensive and intuitive e-payment solution. The agreement includes full-scale payment processing services for property tax and DMV payments – online and in-person credit cards, debit cards, e-checks, and… Read more »
Seminole County Tax Collector Selects TaxSys® and PaymentExpress®
March 4, 2024The Seminole County Tax Collector has selected Grant Street Group’s comprehensive suite of integrated tax collection and payment software and services to modernize its operations and services to the public. This includes TaxSys®, a state-of-the-art web-based tax collection and billing system; LienHub® for online tax certificate sales; VisionPro™ for business intelligence and data analytics; and… Read more »
TaxSys® and PaymentExpress® Awarded Contract with Orange County, Florida
February 22, 2024Grant Street Group, the leading provider of cloud-based tax collection software, announced it has signed agreements with the Orange County Tax Collector for a comprehensive suite of integrated tax collection and payment software and services. This includes TaxSys®, a state-of-the-art web-based tax collection and billing system; LienHub® for online tax certificate sales; VisionPro™ for business… Read more »
PaymentExpress® Introduces Data Insights, a Powerful Business Intelligence Tool for Payment Data
February 6, 2024PaymentExpress® unveils Data Insights, an integrated Business Intelligence tool that enables clients to illuminate key insights to drive strategic decision-making within their organizations. This launch marks a significant milestone in a multi-phase project, aimed at enhancing clients’ visibility into their payment data. Today’s release includes four visualizations: the Payments by Amount & Volume, In-Person Payments,… Read more »
Georgia’s 159 Counties Now Use PaymentExpress for Online Payments
December 1, 2023GEORGIA – Georgia County Tax Commissioners have gone live with PaymentExpress as their e-payments provider for online Motor Vehicle Division payments – marking an important milestone in a multi-phase project. PaymentExpress enables Georgia County citizens to conveniently renew their vehicle registration and pay for other items, such as insurance fees online. As part of the… Read more »
Norfolk, VA Realizes $561,000 Debt Service Cost Savings with MuniAuction Competitive Bond Sale
October 30, 2023NORFOLK – The City of Norfolk sold $51.5 million of Water Revenue Bonds using Grant Street Group’s MuniAuction platform. The sale provides crucial funds to upgrade Norfolk’s water infrastructure, including water treatment plants, pipelines, resource and delivery systems, and water storage tanks. Fourteen underwriters competing for the bonds submitted 86 bids and extended the sale… Read more »
Sacramento County Selects TaxSys®, Grant Street Group’s Cloud-Based Tax Billing, Collection, and Distribution System
October 9, 2023Grant Street Group was awarded a contract with Sacramento County, making it the fourth California County to select TaxSys for property tax billing, collection, and distribution. SACRAMENTO – Grant Street Group, the leader in cloud-based government solutions for tax collection, billing and distribution, was awarded a contract with Sacramento County after a thorough RFP procurement… Read more »
Ohio Bureau of Motor Vehicles Introduces PayPal as New Online Payment Method
May 31, 2023Today, Grant Street Group announced the introduction of PayPal as a payment method for the Ohio Bureau of Motor Vehicles’ (BMV) customers. Ohio citizens can now use their PayPal accounts to pay for items such as vehicle registrations or driver license renewals using the BMV’s online services. PayPal and other digital wallets are now essential… Read more »
Hernando County Tax Collector Goes Live with Grant Street’s TaxSys® Suite
March 9, 2023Today, Grant Street Group announced the Hernando County Tax Collector’s Office has successfully gone live with TaxSys, Grant Street’s cloud-based tax collection and billing system. Located on the west central coast of Florida with a population of over 194,000 residents, Hernando County is home to the famous Weeki Wachee Springs, the Chassahowitzka National Wildlife Refuge… Read more »
Clay County Goes Live with Grant Street’s TaxSys® Suite
October 20, 2022October 20, 2022 – Today, Grant Street Group announced the Clay County Tax Collector’s Office has successfully gone live with TaxSys, Grant Street’s cloud-based tax collection and billing system. Located in northeastern Florida with a population of over 215,000 residents, Clay County encompasses Green Cove Springs, Orange Park, Middleburg, and Keystone Heights. “Simply put, the… Read more »
Lee County Tax Collector Goes Live with TaxSys®
March 2, 2022March 2, 2022 Today, Grant Street Group announced the Lee County Tax Collector’s Office has successfully gone live with TaxSys®, Grant Street’s tax collection and billing system. Lee County rests on Florida’s Gulf Coast and contains the cities of Fort Myers, Cape Coral, and Bonita Springs, as well as the vacation-destination islands of Sanibel and… Read more »
Clay County Tax Collector goes live with PaymentExpress®
December 14, 2021December 14, 2021 (Green Cove Springs) — Today, Grant Street Group announced the Clay County Tax Collector’s Office has successfully completed the implementation of PaymentExpress, Grant Street’s electronic payments processing service. Over 219,000 residents call Clay County home, including those living in the cities of Green Cove Springs, Orange Park, Middleburg, Fleming Island, and Keystone… Read more »
Duval County Tax Collector Goes Live with TaxSys®
September 14, 2021September 14, 2021 (Jacksonville, FL) — Today, Grant Street Group announced the Duval County Tax Collector’s Office has successfully completed its transition to TaxSys. Over 950,000 residents call Duval County and the City of Jacksonville home. The County also encompasses the cities of Jacksonville Beach, Neptune Beach, Atlantic Beach, and Baldwin. The transition to TaxSys… Read more »
City of Syracuse Successfully Launches New York State’s Open Online Bond Auction Pilot Program
June 17, 2021SYRACUSE, N.Y., June 17, 2021 – Boost competition. Drive down interest rates. Increase transparency. A hunt for these three capabilities drove New York State to embrace a more modern and efficient approach to selling municipal bonds. Following legislation signed into law at the end of 2019, the New York State Department of Financial Services launched… Read more »
Grant Street Group Awarded Payment Processing Contract with Georgia Department of Revenue
April 15, 2021ATLANTA, April 15, 2021 – The Georgia Department of Revenue (DOR) has selected Grant Street Group’s PaymentExpress® solution for its online and point-of-sale payments. Georgia’s DOR has over 245,000 tax and DMV payment transactions, totaling $133 million, each year. This volume is expected to increase with PaymentExpress’ intuitive and citizen-centric payment features. The Georgia DOR… Read more »
Miami-Dade County Will Use PaymentExpress® to Process $2.5 Billion Per Year in E-Payments
November 13, 2020Prior to the acceptance of tax bills in Florida beginning on November 1, Grant Street Group completed a six-week implementation of PaymentExpress® with the Miami-Dade Tax Collector’s Office. Home to nearly three million Floridians, Miami-Dade County is the seventh most populous county in the United States. A cultural and economic powerhouse, Miami-Dade is not only… Read more »
Miami-Dade County School District Sells $475 Million Note on MuniAuction®
October 1, 2020On September 24, the School District of Miami-Dade County, Florida sold a $475 million tax anticipation note sale on MuniAuction, Grant Street Group’s online municipal bond auction platform. Proceeds from the competitive sale will help the district fund operating expenses for the 2020-2021 school year. Throughout the auction, 12 underwriters submitted 124 bids, extending the… Read more »
Contra Costa County Will Use PaymentExpress® to Process $400 Million Per Year in E-Payments
September 16, 2020Grant Street Group announced today that, following a nine-month implementation, the Contra Costa County, California Treasurer-Tax Collector has officially gone live with PaymentExpress® as its new online and point-of-sale electronic payments provider. PaymentExpress will process over $400 million annually in electronic payments for the Tax Collector’s Office. Contra Costa, a Bay-area county, has a population… Read more »
Lee County, FL Selects TaxSys® as its New Cloud-Based Tax Billing and Collection System
September 1, 2020The Lee County, Florida Tax Collector’s Office has officially selected TaxSys® as its new cloud-based tax billing and collection system. Home to over 770,000 people, Lee County encompasses Fort Myers, Cape Coral, Captiva Island, Sanibel Island, and is home to the Boston Red Sox and Minnesota Twins Major League Baseball teams during spring training. “A… Read more »
City and County of San Francisco Pivot to Fully-Remote Implementation, Meet Deadline for New Cloud-Based Tax Billing & Collection System
July 23, 2020SAN FRANCISCO – The San Francisco Offices of the Treasurer & Tax Collector and Controller announced today the on-time and on-budget implementation of a new cloud-based tax billing and collection system that will annually process hundreds of thousands of property tax bills and payments totaling over $3 billion. TaxSys®, built by government software provider Grant… Read more »
Duval County, FL Selects TaxSys®
July 8, 2020The Duval County, Florida Tax Collector’s Office has officially selected TaxSys® as its new tax collection and billing system. Duval County and the City of Jacksonville serve a population of more than 950,000 residents including the cities of Jacksonville Beach, Neptune Beach, Atlantic Beach, and Baldwin – and are home to the NFL Jacksonville Jaguars… Read more »
Software at your Service, During the COVID-19 Era
May 21, 2020Every business has been tested in new and unexpected ways by COVID-19. Despite the numerous challenges, our commitment to our clients has never faltered, nor has our approach — Software at your Service. We closely monitored executive and local orders, and adapted for necessary changes. When the state of Florida issued an executive order on… Read more »
State of Ohio’s Official Online Plate Renewal Site Goes Live with PaymentExpress®
May 18, 2020Grant Street Group has officially implemented PaymentExpress®, its electronic payment processing platform, for the state of Ohio’s official online plate renewal site (OPLATES). PaymentExpress will bring payment capabilities to all 11 of the Ohio Department of Public Safety’s (ODPS) online services, as well as all 195 physical offices, under a single vendor for the first… Read more »
Grant Street Group unveils new company logo
January 13, 2020“I strive for two things in design: simplicity and clarity. Great design is born of those two things.” – Lindon Leader, legendary graphic designer and creator of the FedEx logo “You have to work hard to get your thinking clean to make it simple.” – Steve Jobs Simplicity and clarity. Those were our two guiding… Read more »
Fort Bend County, TX Goes Live with PaymentExpress®
November 20, 2019FORT BEND, TX — It was announced today that the Fort Bend County, Texas Tax Assessor-Collector has officially gone live with PaymentExpress® as its new payment processing system. Home to nearly 800,000 residents, Fort Bend is the tenth most populous county in the Lone Star State and one of the fastest-growing areas in the country…. Read more »
Grant Street Group hosts $117 million bond sale for City and County of Denver
November 14, 2019DENVER, CO — The City and County of Denver held a $117 million bond sale on Grant Street Group’s MuniAuction platform yesterday, as part of an ongoing funding initiative for the Elevate Denver Bond Program. Twelve firms submitted a total of 43 bids in just over half an hour. This auction marks the 26th time… Read more »
Grant Street Group hosts $1.8 billion in note auctions for the MTA in third quarter, bringing total since 2015 to $12.6 billion
November 6, 2019North America’s largest transportation network, the Metropolitan Transportation Authority (MTA), which serves 15.3 million people in a 5,000-square-mile area from New York City to Long Island to Connecticut, has been using Grant Street Group’s auctions platform several times a year since 2015. In the third quarter of this year alone, Grant Street hosted three note… Read more »
Grant Street Group ranked as one of the Best Places to Work in 2019 by Pittsburgh Post-Gazette and Pittsburgh Business Times
October 22, 2019Both the Pittsburgh Post-Gazette and the Pittsburgh Business Times ranked Grant Street Group as one of the best places to work in the Pittsburgh area this year. The designations resulted from anonymous employee surveys conducted by the publications and their partners. We were told by the third-party firm that conducts the “Top Workplace” surveys for… Read more »
Martin County, FL Goes Live with TaxSys®
October 3, 2019Grant Street Group announced today that the Martin County, Florida Tax Collector’s office has gone live with TaxSys® as its new tax collection and billing system. Located on Florida’s Treasure Coast, Martin County is home to 160,000 residents. It includes the City of Stuart and the Village of Indiantown, as well as Jupiter Island, Palm… Read more »
Grant Street Group Hosts $85 Million Bond Auction for Ocean City, NJ
September 23, 2019Last Thursday, Grant Street Group hosted an $85 million bond sale for Ocean City, NJ on our MuniAuction® platform. This was the seventh time Ocean City chose MuniAuction to host a competitive bond sale. In total, Ocean City has sold over $200 million in general improvement bonds using MuniAuction. Over the past 20 years, we… Read more »
Fort Bend County, TX Tax Assessor-Collector Selects PaymentExpress®
September 10, 2019Grant Street Group announced that the Fort Bend County, Texas Tax Assessor-Collector has officially selected PaymentExpress® as its new payment processing system. With over 764,000 residents, Fort Bend is the 10th most populous county in the State of Texas and one of the fastest-growing areas in the United States. The implementation began in August and… Read more »
San Mateo County, CA Goes Live with TaxSys®
September 4, 2019SAN MATEO COUNTY, CA – Today the San Mateo County, California Treasurer-Tax Collector, Sandie Arnott, replaced the 30-year-old tax collection system she inherited with Grant Street Group’s state-of-the-art TaxSys® solution. She will now be able to serve her constituents with a full-featured system, employing modern and secure private cloud technology, easily configurable interfaces to key… Read more »
Grant Street Group Hosts High-Demand Auction for Texas Comptroller, Selling $8 Billion in Short-Term Notes
August 22, 2019Yesterday, Grant Street Group hosted an $8 billion sale of Tax and Revenue Anticipation Notes (TRAN) for the Texas Comptroller’s Office. This was the 14th TRAN sale held on the Comptroller’s private label website, TRANTexas.com. The Comptroller’s office received 67 bids worth $22.77 billion, 2.85 times the amount offered for sale. Money from this sale… Read more »
Manatee County, FL Tax Collector Goes Live with RenewExpress®
July 22, 2019MANATEE COUNTY, Fla. — Grant Street Group announced today that the Manatee County Tax Collector’s office has officially gone live with RenewExpress® as its online vehicle and vessel registration renewal system. RenewExpress allows Florida Tax Collectors to efficiently process vehicle and vessel renewal payments online. The Tax Collector-branded website gives county residents the ability to… Read more »
Grant Street and Volusia Water Launch First PayHub® Site
June 18, 2019Grant Street Group officially launched our first PayHub site, for the Volusia County Water Resources and Utilities Department. This successful launch marks a turning point in customer service and design when it comes to making online payments. PayHub brings online payments into one convenient place for customers. Each PayHub client has a public PayHub site… Read more »
Orange County, CA Goes Live with PaymentExpress®
May 13, 2019ORANGE COUNTY, CA — Grant Street Group announced today that, following a four-month implementation, the Orange County Treasurer-Tax Collector’s Office has officially gone live with PaymentExpress® as its new electronic payments platform. The third largest county in California, and the fifth largest in the nation, the County of Orange encompasses the cities of Anaheim and… Read more »
Charleston County, SC Goes Live with PaymentExpress®
April 16, 2019CHARLESTON, SC — Grant Street Group announced today that Charleston County in South Carolina has officially gone live with PaymentExpress® as its new payment processing software. A handful of county departments and divisions made the transition, most notably the Department of Revenue Collections and the County Treasurer’s Office. “We are thrilled to partner with Grant Street… Read more »
Bay County, FL Tax Collector Goes Live with TaxSys®
March 13, 2019BAY COUNTY, Fla. — Grant Street Group announced today that the Bay County Tax Collector’s office has officially gone live with TaxSys® as its new tax collection and billing system. Bay County, the 25th Florida county to implement TaxSys, is home to nearly 200,000 people. In October 2018, Bay County was devastated by Hurricane Michael,… Read more »
Flagler County, FL Tax Collector Goes Live with TaxSys®
February 26, 2019FLAGLER COUNTY, Fla. — Grant Street Group announced today that the Flagler County Tax Collector’s office has gone live with TaxSys® as its new tax collection and billing system. Flagler County has a population of over 100,000 and is the 24th Florida county to implement TaxSys. Located on Florida’s northeast coast, Flagler includes the communities… Read more »
City of Norfolk First in Virginia to Competitively Auction Bonds
January 24, 2019From the City of Norfolk’s website: Norfolk First in Virginia to Competitively Auction Bonds Saving Taxpayers Millions of Dollars NORFOLK, VA – On Wednesday, January 23, 2019, the City of Norfolk, Virginia, sold $133,695,000 in General Obligation (G.O.) Capital Improvement Bonds on a competitive basis using Grant Street’s MuniAuction online open auction platform. Bank of… Read more »
City and County of San Francisco, California Selects TaxSys®
November 29, 2018Today, Grant Street Group announced that the City and County of San Francisco, California selected TaxSys® to implement and configure its new property tax system. Home to over 880,000 citizens and the cultural, technology, and financial center of the Bay Area, San Francisco will become the second California county to implement TaxSys. The system will… Read more »
Jefferson County, AL Selects PaymentExpress®
November 16, 2018Today, Grant Street Group announced that Jefferson County has selected and started to implement PaymentExpress® as its new countywide electronic payment platform. The largest county in Alabama, Jefferson County encompasses the City of Birmingham and is home to over 660,000 citizens. Jefferson County joins many other large government agencies across the country who rely on… Read more »
State of New Mexico Taxation and Revenue Department Selects PaymentExpress® as New Payment Processing System
July 24, 2018Today, Grant Street Group announced that the New Mexico Taxation and Revenue Department (NMTRD) has selected PaymentExpress® as its new electronic payment platform. Known as the “Land of Enchantment”, New Mexico is home to over two million citizens, and includes the cities of Albuquerque, Las Cruces, and Santa Fe. New Mexico joins many other large… Read more »
Hernando County Tax Collector, FL Goes Live with PaymentExpress®
March 26, 2018Today, Grant Street Group announced that Hernando County, Florida Tax Collector’s Office has gone live with PaymentExpress®, Grant Street’s electronic payment processing platform. Just north of Tampa on the Gulf Coast, Hernando County is home to over 170,000 citizens, and encompasses the cities of Brooksville and Spring Hill, Florida. PaymentExpress provides the Hernando County Tax… Read more »
Bay County, Florida Selects TaxSys®
February 16, 2018Today, Grant Street Group announced that the Bay County Tax Collector’s Office has selected TaxSys® as their new tax collection and billing system. Home to Panama City and with a population of over 180,000, Bay County will become the 24th Florida county to implement TaxSys. “After taking a close look at the tax systems in… Read more »
County of San Mateo, California Selects TaxSys®
July 26, 2017Today, Grant Street Group announced that the County of San Mateo California and Treasurer-Tax Collector, Sandie Arnott, selected TaxSys® as the new county property tax collection and billing system. Home to over 700,000 citizens and Silicon Valley, San Mateo will become the first California county to implement TaxSys, using the system to collect over $1.5… Read more »
Douglas County, NE Treasurer Takes Payments Online With Grant Street Group
April 27, 2017Today, Grant Street Group announced that the Douglas County, Nebraska Treasurer’s Office has implemented PaymentExpress, Grant Street’s electronic payment processing platform, as its new online payment solution. The Douglas County Treasurer processes payments for motor vehicle, real estate and personal property taxes. PaymentExpress had previously been implemented for in-office credit and debit card payments at… Read more »
MTA Hosts Successful $700M Note Sale on MuniAuction®
February 8, 2017The New York Metropolitan Transportation Authority (MTA) auctioned two series of tax-exempt notes totaling $700 million via MuniAuction® on Wednesday, February 8, 2017. MTA permitted underwriters to submit partial bids. In the $500 million Subseries auction, the MTA received 59 bids from 12 bidders. At the close of this auction, seven firms were “In the… Read more »
Orange County, CA Takes Tax-Defaulted Timeshare Auctions Online With Grant Street Group
December 20, 2016The Orange County, California Treasurer-Tax Collector’s office has selected Grant Street Group’s DeedAuction® platform to host its new online auction website for sales of tax-defaulted timeshares. Orange County becomes the fourth California county to select DeedAuction since 2013. Orange County’s Treasurer-Tax Collector will hold its first online auction from January 18-19, 2017 on their new… Read more »
Ohio Bureau of Motor Vehicles Goes Live with PaymentExpress® as New Point-of-Sale ePayment Solution
August 3, 2016FOR IMMEDIATE RELEASE Today, Grant Street Group announced that the State of Ohio has implemented PaymentExpress, Grant Street’s electronic payment processing platform, as the new point-of-sale solution for the Department of Public Safety/Bureau of Motor Vehicles (BMV). The Ohio BMV now offers citizens the ability to make payments with credit or debit cards at 191… Read more »
Escambia County, Florida Goes Live with TaxSys®
April 4, 2016FOR IMMEDIATE RELEASE Today, Grant Street Group announced that the Escambia County Tax Collector has gone live with TaxSys® a state-of-the-art, web-based tax collection and billing system. Home to the City of Pensacola, and one of Florida’s original counties, Escambia is among the 20 largest counties in the State with a population of nearly 300,000… Read more »
New York Metropolitan Transportation Authority (MTA) Hosts $628M Note Sale on MuniAuction®
December 9, 2015The New York Metropolitan Transportation Authority (MTA) was back in the note market again via Grant Street’s MuniAuction platform on Wednesday, December 2, 2015. The MTA competitively sold $628 million in tax-exempt notes. Last week’s auction followed the MTA’s initial MuniAuction sale in September 2015 of $500 million of Bond Anticipation Notes (BANs). PFM’s New… Read more »
PaymentExpress Processes Over $1 Billion in Payments in November 2015
December 1, 2015November is a busy time for our tax collector clients as the year draws to a close and many payments become due. It’s also a busy time for Grant Street Group’s payment processing app — PaymentExpress. In November, PaymentExpress had a record month, processing over 450,000 credit card, debit card, and e-check transactions exceeding $1… Read more »
Commonwealth of Massachusetts Selects PaymentExpress® as New Statewide ePayment Solution
November 23, 2015FOR IMMEDIATE RELEASE Today, Grant Street Group announced that the Commonwealth of Massachusetts has selected PaymentExpress as a new statewide electronic payment solution. With this award, all agencies, departments, and executive offices within the Commonwealth will have the option to process payments with PaymentExpress. In addition, other government entities within the state — including counties,… Read more »
Walton County, Florida Now Live on TaxSys®
September 28, 2015FOR IMMEDIATE RELEASE Today, Grant Street Group, the leading provider of web-based tax collection software in Florida, announced that the Walton County Tax Collector went live with TaxSys®, a state-of-the-art, web-based tax collection and billing system. Walton County, one of the panhandle’s jewels on the Emerald Coast, is home to over 55,000 citizens. Walton becomes… Read more »
New York Metropolitan Transportation Authority (MTA) Hosts $500M Note Sale on MuniAuction®
September 9, 2015On Wednesday, September 9, 2015, the New York Metropolitan Transportation Authority (MTA) competitively sold their $500 million Series 2015A Dedicated Tax Fund Bond Anticipation Notes on Grant Street Group’s MuniAuction® platform. During the open auction, 15 underwriters submitted a total of 106 bids, and triggered the Two-Minute Rule 20 times. MTA allowed underwriters to submit… Read more »
Escambia County, Florida, Selects TaxSys®
August 27, 2015FOR IMMEDIATE RELEASE Grant Street Group, the leading provider of web-based tax collection software in Florida, announced today that the Escambia County Tax Collector has signed a contract for a comprehensive suite of tax collection software. This includes TaxSys®, a state-of-the-art, web-based tax collection and billing system; PaymentExpress®, a full service payment solution for credit… Read more »
Santa Rosa County, Florida Goes Live with TaxSys®
March 2, 2015FOR IMMEDIATE RELEASE Grant Street Group, the leading provider of web-based tax collection applications in Florida, announced today that the Santa Rosa County Tax Collector successfully completed its transition to TaxSys® a state-of-the-art, web-based tax collection and billing system. Home to over 150,000 residents in the Florida panhandle, the Santa Rosa County Tax Collector’s Office… Read more »
Kern County, California, Selects Grant Street Group to Host Annual Tax Deed Auctions
February 20, 2015FOR IMMEDIATE RELEASE Today, Grant Street Group announced that the Kern County Treasurer-Tax Collector’s Office has selected Grant Street’s DeedAuction® platform to host future auctions of tax defaulted properties. Kern County’s new tax defaulted sale site is now live at https://kern.mytaxsale.com. The first sale is scheduled to run from March 23 – 25, 2015. Kern… Read more »
Walton County, Florida, Selects TaxSys®
February 17, 2015FOR IMMEDIATE RELEASE: Grant Street Group announced today that the Walton County Tax Collector has signed a contract for a comprehensive suite of tax collection software. This includes TaxSys® a state-of-the-art, web-based tax collection and billing system, and a full suite of integrated tax collection solutions including LienAuction® for online tax certificate sales. Walton County… Read more »
Grant Street Group Becomes a Bronze Sponsor of the Perl Foundation
January 30, 2015Grant Street Group is proud to announce it has become a 2015 Bronze Sponsor of The Perl Foundation. This sponsorship will help support 2015 Perl Foundation events including: DC/Baltimore Perl Workshop – April 11, 12 in Silver Spring, Maryland Yet Another Perl Conference (YAPC::NA) – June 8 – 10 in Salt Lake City, Utah Pittsburgh… Read more »
Monroe County Tax Collector’s Office Goes Live with PaymentExpress®
January 15, 2015FOR IMMEDIATE RELEASE: The Monroe County Tax Collector’s Office has completed their transition to PaymentExpress®, Grant Street Group’s electronic payment processing platform. Home to the Florida Keys and over 76,000 citizens, Monroe County is the southernmost county in the United States. The Monroe County Tax Collector’s Office collects over $230 million in property taxes each… Read more »
Grant Street Group to Sponsor 7th Annual Pittsburgh Perl Workshop
September 18, 2014Grant Street Group is proud to announce its sponsorship of the 7th Annual Pittsburgh Perl Workshop (PPW). PPW organizers will host this year’s event at a new downtown location – the Doubletree Hotel – from Friday, November 7 through Sunday, November 9, 2014. PPW is the oldest event of its type in the country, attended… Read more »
Hillsborough, Nassau, and Brevard Counties Go Live with TaxSys®
September 5, 2014FOR IMMEDIATE RELEASE – The summer of 2014 brought several significant milestones for TaxSys®, Grant Street Group’s state-of-the-art, web-based tax collection and billing system and integrated suite of tax collection software. Three system conversions – for the Hillsborough, Nassau, and Brevard County Tax Collector’s Offices – were completed on time and on budget. With the… Read more »
Santa Rosa County, Florida Selects TaxSys®
September 1, 2014FOR IMMEDIATE RELEASE Grant Street Group, the leading provider of web-based tax collection software in Florida, announced today that the Santa Rosa County Tax Collector has signed a contract for a comprehensive suite of tax collection software. This includes TaxSys® a state-of-the-art, web-based tax collection and billing system; LienAuction® for online tax certificate sales; and… Read more »
Texas Comptroller Receives Record-Low Interest Rate in Annual TRAN Texas Auction
August 26, 2014FOR IMMEDIATE RELEASE: On August 26, 2014, the State of Texas successfully hosted its annual Tax and Revenue Anticipation Notes (TRAN) sale with Grant Street Group. During an hour-long auction on a platform designed by Grant Street Group (www.TRANTexas.com), the State sold its $5.4 Billion TRAN and secured its lowest interest rate ever for the… Read more »
Brevard County, Florida Now Live on TaxSys®
August 18, 2014FOR IMMEDIATE RELEASE The Brevard County Tax Collector’s office is now live on TaxSys®, Grant Street Group’s state-of-the-art, web-based tax collection and billing system and integrated suite of tax collection software. Brevard County is the 18th Florida Tax Collector’s office to convert to TaxSys since the system was launched in 2006. The Tax Collector’s office… Read more »
Nassau County, Florida Now Live on TaxSys®
July 28, 2014FOR IMMEDIATE RELEASE The Nassau County Tax Collector’s office is now live on TaxSys®, Grant Street Group’s state-of-the-art, web-based tax collection and billing system and integrated suite of tax collection software. Nassau County is the 17th Florida Tax Collector’s office to convert to TaxSys since the system was launched in 2006. The Tax Collector’s office… Read more »
San Bernardino County, California Opens Annual Reoffer Sale
July 14, 2014Today, the San Bernardino County Auditor-Controller/Treasurer/Tax Collector will begin accepting deposits from bidders interested in participating in the County’s reoffer sale of tax-defaulted properties on https://sbcounty.mytaxsale.com, a custom auction website hosted by Grant Street Group. A $1,000.00 bid deposit and $35.00 non-refundable processing fee is required for a bidder to participate in the sale. Deposits… Read more »
Hillsborough County, Florida Now Live on TaxSys®
July 1, 2014FOR IMMEDIATE RELEASE The Hillsborough County Tax Collector’s office is now live on TaxSys®, Grant Street Group’s state-of-the-art, web-based tax collection and billing system and integrated suite of tax collection software. Hillsborough County is the 16th Florida Tax Collector’s office to convert to TaxSys since the system was launched in 2006. The Tax Collector’s office… Read more »
San Bernardino County, California Hosts Successful Annual Tax Deed Sale with Grant Street Group
June 2, 2014FOR IMMEDIATE RELEASE Grant Street Group announced today that the San Bernardino County Auditor-Controller/Treasurer/Tax Collector successfully concluded its annual online sale of tax-defaulted properties on https://sbcounty.mytaxsale.com, a custom auction website hosted by Grant Street Group. This is the second year that San Bernardino County conducted its tax sale with Grant Street’s patented online auction platform…. Read more »
Pasco County, Florida Selects TaxSys®
April 23, 2014FOR IMMEDIATE RELEASE Grant Street Group, the leading provider of web-based tax collection software in Florida, announced today that the Pasco County Tax Collector has signed a contract for a comprehensive suite of tax collection software. This includes TaxSys® a state-of-the-art, web-based tax collection and billing system; and PaymentExpress®, a full service e-payment processing solution… Read more »
Lake County, Florida: New System Allows Tax Payments to be Made Online
March 18, 2014From the Orlando Sentinel – Orlando, FL (March 18, 2014) Michael W. Freeman, Clermont Forum Editor CLERMONT — Usually a tax collector’s office aims mainly to do one thing: collect money from local businesses. Now Lake County’s Tax Collector’s Office is hoping to actually save businesses some money, by letting them make their payments online…. Read more »
Douglas County, Nebraska Selects PaymentExpress®
FOR IMMEDIATE RELEASE Beginning on March 14, 2014, residents of Douglas County, Nebraska, will have several new ways to pay for taxes, titles, and registrations at the County Treasurer’s Office. The Douglas County Treasurer’s Office has selected Grant Street Group’s PaymentExpress® payment processing system as the new over-the-counter solution for accepting payments via credit cards… Read more »
Sumter County, Florida Goes Live with TaxSys®
February 3, 2014FOR IMMEDIATE RELEASE Today, the Sumter County Tax Collector’s office went live with TaxSys®, Grant Street Group’s state-of-the-art, web-based tax collection and billing system and integrated suite of tax collection software. Sumter County is the 15th Florida Tax Collector’s office to convert to TaxSys since the system was launched in 2006. The Tax Collector’s office… Read more »
Miami-Dade County, Florida, Goes Live with TaxSys®
June 19, 2013FOR IMMEDIATE RELEASE Grant Street Group, the leading provider of web-based tax collection software in Florida, announced today that the Miami-Dade County Tax Collector’s office went live with TaxSys®, a state-of-the-art tax collection and billing system. Miami-Dade County, the 7th largest in the nation, collects over $4.6 billion in property taxes on more than one… Read more »
Hillsborough County, Florida Selects TaxSys®
April 29, 2013FOR IMMEDIATE RELEASE Grant Street Group, the leading provider of web-based tax collection software in Florida, announced today that the Hillsborough County Tax Collector has signed a contract for a comprehensive suite of tax collection software. This includes TaxSys®, a state-of-the-art, web-based tax collection and billing system; PaymentExpress™, a full service payment processing solution for… Read more »
Broward County, Florida Selects PaymentExpress™
October 23, 2012FOR IMMEDIATE RELEASE Today, Grant Street Group announced that Broward County has selected Grant Street Group’s PaymentExpress™ as their new electronic payment processing solution for tax payments. PaymentExpress allows the County’s Records, Taxes and Treasury Division to accept major credit cards, including Visa, MasterCard, American Express, and Discover, as well as electronic checks. Broward County, the… Read more »
St. Lucie County, Florida Clerk of the Circuit Court Launches Online Tax Deed Auctions
October 9, 2012FOR IMMEDIATE RELEASE The St. Lucie County Clerk of the Circuit Court is now live with Grant Street Group’s ClerkAuction® platform at www.stlucie.clerkauction.com. With ClerkAuction, the St. Lucie Clerk’s Office will now conduct tax deed sales online. The first online sale is scheduled for Friday, October 12th, with bidding beginning at 8:00 a.m. “The Clerk’s… Read more »
Alachua County, Florida Goes Live with TaxSys®
September 10, 2012FOR IMMEDIATE RELEASE Today, the Alachua County Tax Collector’s office went live with TaxSys®, Grant Street Group’s state-of-the-art tax collection and billing system and integrated suite of tax collection software. Alachua County collects nearly $300 million in property taxes on more than 114,000 parcels, in addition to collecting local business taxes, tourist development taxes, and… Read more »
State of Illinois Successfully Auctions $50M in GO Bonds
September 3, 2012FOR IMMEDIATE RELEASE On Thursday, September 13, 2012, the State of Illinois successfully sold $50,000,000 of General Obligation Bonds on a competitive basis using Grant Street Group’s MuniAuction® platform. “…we are confident that the open auction system was the best method given the size and duration of the Bonds, and especially given the large number of… Read more »
Successful $300M Zions Bancorporation Senior Note Auction
March 22, 2012Company Release: SALT LAKE CITY, March 22, 2012 /PRNewswire/ — Zions Bancorporation (“Zions” or the “Company”) (Nasdaq: ZION) announced today that it successfully priced its offering of $300,000,000 fixed-rate senior unsecured notes to mature on March 27, 2017 with a coupon of 4.50% (the “Notes”) in an underwritten public transaction. The Notes were sold at… Read more »
Grant Street Group to Host $100M Premium Tax Credit Auction for the State of Maryland on March 15, 2012
March 12, 2012On March 15, 2012, Grant Street Group will host a $100M premium tax credit auction for the State of Maryland’s Department of Business and Economic Development (DBED). The auction will be held at www.BidMaryland.com from 11:00 am to noon (Eastern time). DBED Press Release: Gearing up for the implementation in 2012 of the State’s InvestMaryland initiative, Grant… Read more »
No Hard Post-Game Feelings as Pittsburgh Firm Hosts Highly Successful Auction of Denver Municipal Bonds
January 12, 2012On Wednesday, January 11, 2012, the City and County of Denver, Colorado, sold $50,650,000 in Wastewater Enterprise Revenue Bonds on a competitive basis using Grant Street Group’s MuniAuction® platform. MuniAuction provides a unique online open auction format that saved the City and County over $258,000 in bond interest costs. Following the sale, Bryan Stelmack of Piper… Read more »
Volusia County, Florida, Chooses PaymentExpress™ as New County-Wide Payment Processing Solution
Today, Grant Street Group announced that Volusia County Council has selected Grant Street Group’s PaymentExpress™ as the new county-wide electronic payment processing solution for credit and debit cards. PaymentExpress gives Volusia County departments the ability to accept major credit cards, including Visa, MasterCard, American Express, Discover, bank debit cards (PIN and PIN-less), and electronic checks. By… Read more »
Indian River County, Florida, Selects TaxSys®
June 9, 2011Today, Grant Street Group announced the Indian River County Tax Collector, Carole Jean Jordan, has signed a contract with Grant Street Group for a comprehensive suite of tax collection software. The contract includes TaxSys®, a state-of-the-art, web-based tax collection and billing system, plus integrated tax collection software including LienAuction® an online tax certificate auction platform…. Read more »
Grant Street Group Achieves Payment Card Industry (PCI) Level 1 Certification
January 31, 2011Today, Grant Street Group announced that it has received confirmation as a Level 1 Service Provider under the Payment Card Industry (PCI) Data Security Standards. The PCI Data Security Standards are established by payment card industry leaders, and endorsed by leading card brands such as Visa, MasterCard, Discover, and American Express. Grant Street Group’s Level… Read more »
Charlotte County, Florida, Live on TaxSys®
September 13, 2010Today, Grant Street Group announced that the Charlotte County Tax Collector is now live on TaxSys®, Grant Street Group’s state-of-the-art, web-based tax collection and billing system. Charlotte County collects over $292 million in property taxes on more than 234,000 parcels and is the eleventh Florida Tax Collector that has successfully converted to TaxSys since the… Read more »
Miami-Dade County Approves Contract for TaxSys® — Grant Street Group’s Web-Based Tax Collection and Billing System
March 3, 2010Yesterday, after a year-long selection process, the Miami-Dade Board of County Commissioners unanimously approved a contract with Grant Street Group to supply the County with TaxSys®, a state-of-the-art, web-based tax collection and billing system. Miami-Dade will become the twelfth Florida County to switch to TaxSys since the system was launched in 2006. The County is… Read more »
Palm Beach County, Florida, Clerk & Comptroller Launches Online Foreclosure Auctions
February 8, 2010The Clerk & Comptroller of Palm Beach County is now conducting foreclosure auctions online using Grant Street Group’s ClerkAuction® platform at www.mypalmbeachclerk.clerkauction.com. Since the first auction on January 21, 2010, more than 900 participants from twenty states and two countries outside the U.S. have registered to use the new online auction system, which replaces all… Read more »
Broward and Volusia Counties, Florida, Go Live with TaxSys®
November 3, 2009Today, Grant Street Group announced that both Broward and Volusia Counties, Florida have successfully implemented TaxSys®, Grant Street Group’s web-based tax collection and billing system. With the addition of Broward and Volusia Counties, Grant Street Group now provides TaxSys to 10 Florida counties, which contain more than 2.7 million parcels and generate over $7 billion… Read more »
Grant Street Group Announces Enhanced Build America Bonds (BABs) Electronic Auction Platform
September 24, 2009Today, Grant Street Group unveiled its new Build America Bonds (BABs) electronic auction platform, including a unique option that allows bidders to submit their strongest All-Or-None bid by designating each maturity as either BABs or tax-exempt bonds. Issuers using Grant Street Group’s bidding platforms — including MuniAuction® and other private label websites powered by Grant… Read more »
Broward and Pinellas Counties, Florida, Take Tax Lien Auctions Online
May 11, 2009This month, Broward County and Pinellas County will begin using Grant Street Group’s LienAuction™ software to conduct online tax certificate sales. Broward and Pinellas Counties join the 14 tax collectors in Arizona, Florida, and Maryland who have used LienAuction to sell more than $2.4 Billion in tax certificates. Broward County, the second largest county in… Read more »
Grant Street Group Announces a New Suite of Revenue Collection Software
March 27, 2009Today, Grant Street Group announced the successful launch of three new online services that are fully integrated with TaxSys®, Grant Street’s state-of-the-art, web-based revenue collection and distribution system. These new services – DeedExpress™, EscrowExpress™, and FRVIS Express™ – are online tools that radically simplify certain administrative tasks involving third parties. DeedExpress™ is an online tax… Read more »
Volusia County, Florida, Selects TaxSys®
March 18, 2009After an extensive review process lasting nearly six months, Volusia County, Florida, has selected TaxSys®, Grant Street Group’s state-of-the-art, web-based tax collection and billing application, as the new revenue collection software for the County (subject to contract approval). With a population of 500,000, Volusia County is the 10th largest county in the state of Florida…. Read more »
City of Baltimore Continues Online Auctions with Grant Street Group
March 2, 2009Following a successful three-year pilot program, the City of Baltimore will continue to conduct online tax sales using www.BidBaltimore.com, a website powered by Grant Street Group. Since the site’s launch in 2006, the City has sold more than 30,000 certificates, collecting $56 million in delinquent taxes. Janice Simmons, Deputy Chief, Bureau of Revenue Collections for… Read more »
Grant Street Group’s Auction Volume Exceeds $10 Trillion, 100,000 Auctions and 2,000 Issuers
September 12, 2008Grant Street Group, the Pittsburgh-based company that pioneered internet auctions of bonds, announced today that its auction websites have exceeded $10 trillion in total volume, and hosted 100,000 auctions for 2,000 issuers. Since the first auction in November 1997, Grant Street Group has grown to become the world’s largest auction house (by dollar volume). Though… Read more »
Broward County, Florida, Approves Contract for TaxSys®
July 29, 2008Marking the end of an exhaustive selection process lasting nearly two years, the Broward County Commissioners unanimously approved a contract with Grant Street Group to supply the County with TaxSys®, the nation’s newest web-based tax collection and billing system. Broward is the eighth Florida County to switch to TaxSys in the past 20 months. The… Read more »
Grant Street Group Hosts Strong $3 Billion Auction for Freddie Mac
July 14, 2008On Monday, July 14th, Grant Street Group hosted a successful auction for Freddie Mac on its private-label website www.freddiemacauction.com. From the Wall Street Journal: “A closely watched auction of $3 billion in Freddie’s short-term debt drew more bids than usual. The company was able to sell its three- and six-month notes at lower-than-expected yields, which… Read more »
State Law Change Allows Clerks to Sell Foreclosures and Tax Deeds Over the Internet
July 9, 2008Effective July 1, 2008, Florida Clerks of the Courts can conduct foreclosure and tax deed sales online. Governor Charlie Christ signed into law House Bill 773, sponsored by Representative Chris Dorworth, authorizing Clerks of the Courts to conduct online auctions of foreclosure and tax deed sales and to accept deposits and payments electronically. In today’s… Read more »
Pinellas County, Florida, Goes Live with TaxSys®
June 2, 2008Pinellas County, Florida became the 8th county to convert to TaxSys®, Grant Street Group’s web-based tax collection and billing system. Pinellas County is the 5th largest county in Florida, with nearly one million residents. Over a period of four years, the County worked with Microsoft in an attempt to create a custom-built, comprehensive tax collection… Read more »
Pinellas County, Florida, Goes Live with TaxSys®
Pinellas County, Florida became the 8th county to convert to TaxSys®, Grant Street Group’s web-based tax collection and billing system. Pinellas County is the 5th largest county in Florida, with nearly one million residents. Over a period of four years, the County worked with Microsoft in an attempt to create a custom-built, comprehensive tax collection… Read more »
St. Lucie County Tax Collector and Grant Street Group Streamline Tax Deed Applications
April 24, 2008This week, St. Lucie County, FL Tax Collector Bob Davis inaugurated DirecTDA, the new online tax deed application service from Grant Street Group that allows tax collectors to process tax deed applications in bulk and from end-to-end (i.e., from generating estimates to printing 512 and 513 Forms). In St. Lucie’s case, the effort required to… Read more »
Grant Street Group Marks 10th Anniversary of Country’s First Internet Bond Auction
November 14, 2007Grant Street Group, the Pittsburgh-based company that pioneered internet auctions of bonds, will be celebrating the 10-year anniversary of the first internet bond auction this week. At 11:30 a.m. sharp on Tuesday, November 18, 1997, the City of Pittsburgh, using Grant Street Group’s MuniAuction website and patented auction methodology, began accepting bids from investment banks… Read more »
Grant Street Group Hosts Huge Internet Auctions for Massachusetts $1.2 Billion GIC Auction and $164 Million Interest Rate Swap
August 7, 2007In a first-of-its-kind transaction, the Commonwealth of Massachusetts conducted two internet auctions back-to-back today: a $1.2 Billion GIC auction and a $164 Million, 15-year floating-to-fixed interest rate swap. Both transactions are related to the Commonwealth’s sale of GO Bonds. Grant Street Group served as Bidding Agent for the GIC and Auction Agent in the swap… Read more »
City of Los Angeles, California Conducts Largest-Ever Open Note Auction
June 26, 2007The City of Los Angeles, California, utilized Grant Street Group’s patented Internet auction platform to take competitive bids for $916 Million in Tax and Revenue Anticipation Notes. Twelve financial institutions participated in the open auction in which 62 bids were submitted. In fact, bidder competition was so keen that the auction extended for over six… Read more »
Grant Street Group Hosts Bond Auction for Commonwealth of Pennsylvania
May 22, 2007The Commonwealth of Pennsylvania conducted a $373 million competitive G.O. bond sale on Grant Street Group’s MuniAuction website. Six Wall Street firms participated in the sale. During the course of the Open Auction, a total of 12 bids were submitted and the auction was extended for over 4 minutes from its scheduled end time. Commonwealth… Read more »
Grant Street Group Hosts the First Ever Electronic Auction of Convertible CABs
May 10, 2007Grant Street Group hosted the first ever electronic auction of Convertible CABs on its MuniAuction platform for the City of Perth Amboy, NJ. The $41.7 million of Bonds will initially be issued as Capital Appreciation Bonds, but will convert to Current Interest Bonds in 2012. The TIC calculation factored not only the purchase price and… Read more »
Zions Bancorporation Uses Grant Street Group Developed Site To Complete Successful ESOARS Auction
May 8, 2007Zions Bancorporation announced today that it has successfully completed its auction of Employee Stock Option Appreciation Rights Securities (ESOARS). Forty-three bidders participated in the auction for 99,418 ESOARS units. The market-clearing price was $12.06 per unit. ESOARS units were allocated to 21 bidders. A complete summary of the bidding, as well as further information about… Read more »
Grant Street Group Develops CD Auction Website For Zions Direct
February 27, 2007Zions Direct, member NASD, a non-banking subsidiary of Zions First National Bank, announced today that it has launched a new online auction platform for FDIC-insured Certificates of Deposit (CDs). Similar to popular Internet auction methods, the CD auctions available at www.auctions.zionsdirect.commay enable individual investors to receive higher yields on their CDs. The software for the… Read more »
Grant Street Completes Successful Implementations of TaxSys® in Florida
December 12, 2006In the fall of 2006, Grant Street Group completed the successful implementation of TaxSys® in three Florida Counties, representing 445,055 parcels and 72,036 active Occupational Licenses. TaxSys is a state of the art full service tax collection and billing system for Real Estate, Tangible Personal Property, Occupational Licenses and Tourist & Development Taxes. It is… Read more »
Grant Street Completes Successful Implementations of TaxSys® in Florida
In the fall of 2006, Grant Street Group completed the successful implementation of TaxSys® in three Florida Counties, representing 445,055 parcels and 72,036 active Occupational Licenses. TaxSys is a state of the art full service tax collection and billing system for Real Estate, Tangible Personal Property, Occupational Licenses and Tourist & Development Taxes. It is… Read more »
We Have the Responsibility to Make GICs an Honest Market
December 11, 2006The Bond Buyer – Letter to the Editor December 11, 2006 Nearly two years ago (Jan. 25, 2005) — The Bond Buyer published my letter to the editor: “Technology is the Ultimate Solution to GIC Bid Rigging.” In it I voiced my concerns regarding the old-fashioned, non-transparent process by which bids for GICs are received… Read more »
Grant Street Group Develops ESOARS Auction Website For Zions Bancorporation
June 29, 2006Zions Bancorporation announced today that it has successfully completed the first auction of Employee Stock Option Appreciation Rights Securities (ESOARS). Fifty-seven participants submitted 1,149 bids in the auction, held on June 28 and 29, for 93,610 ESOARS units. The market-clearing price was $7.50 and ESOARS units were allocated to 21 bidders. A complete summary of… Read more »
Grant Street Completes Third Year of Tax Lien Auctions
June 13, 2006Last week, Grant Street Group completed its third year of hosting internet auctions of tax lien certificates. In 2004, Grant Street’s LienAuction was the first-ever website to host tax lien auctions over the internet when four Florida counties Miami-Dade, Okaloosa, Orange and Volusia — conducted sales. Since then, Grant Street has hosted internet auctions for… Read more »
West Virginia Treasurer Conducts Internet Auction for CDs
May 16, 2006West Virginia State Treasurer John Perdue and the affiliated Board of Treasury Investments conducted an on-line auction today, investing nearly $25 million in certificates of deposit with West Virginia banks. The auction was held on West Virginia’s private-label website (www.BidWVauction.com) created by Grant Street Group. West Virginia joins 9 other states that utilize Grant Street’s… Read more »
Banner Health Conducts Its First Swap Auction
March 23, 2006Banner Health, one of the largest, non-profit healthcare systems in the U.S., utilized Grant Street Group’s Internet auction platform to take competitive bids for the fixed rate component of an interest rate swap. Three financial institutions participated in the open auction in which 61 bids were submitted. At the conclusion of the auction, Merrill Lynch… Read more »
Grant Street Group’s LienAuction Helps Maricopa County’s “Hopes and Dreams” Come True
February 16, 2006The winners have been selected and the funds collected. The verdict: “It looks like it met all our hopes and dreams,” Maricopa County Treasurer David Schweikert said of the county’s first-ever Internet-based tax certificate sale. Grant Street Group, a Pittsburgh-based software company that specializes in customized software applications for financial institutions and government entities, was… Read more »
Nassau County and PFM Conduct First-Ever Open Note Auction in New York State
December 7, 2005This week Nassau County, NY utilized their financial advisor’s PFMauction website – a competitive auction platform created by Grant Street Group to issue $120 Million in Tax Anticipation Notes. In separate auctions for two series of notes — Series A and B — bids were received during 30 minute open auctions. During the auctions, bidders… Read more »
Lexington-Fayette Urban County Government, Kentucky, uses GFOA YieldAdvantage
September 15, 2005Lexington-Fayette Urban County Government, Kentucky placed a $4 million investment using GFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids and exchange settlement information easily and efficiently via the Internet. The four – $1 million transactions –… Read more »
Cook County Forest Preserve District, Illinois, Uses GFOA YieldAdvantage
September 14, 2005Cook County Forest Preserve District, Illinois placed a $3.2 million investment using GFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids and exchange settlement information easily and efficiently via the Internet. The $3.2 million, 91-day, transaction was… Read more »
Washtenaw County, Michigan, Uses GFOA YieldAdvantage
July 26, 2005Washtenaw County, Michigan placed a $5 million investment using GFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association. Traditionally, government entities and school districts solicit bids from banks and broker-dealers via phone. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids easily and efficiently via the… Read more »
Cook County Treasurer’s Office, Initiates Use of GFOA YieldAdvantage for Weekly Certificate of Deposit Auctions
June 7, 2005Advancing a commitment of harnessing technology to enhance efficiencies, the Cook County Treasurer’s Office, Illinois, commenced use of GFOA YieldAdvantage to invest in certificates of deposit on June 7, 2005. Using GFOA YieldAdvantage , an Internet auction offered by the Government Finance Officers Association, the Treasurer’s Office invested $88.3 million in certificates of deposit, earning… Read more »
St. Clair County, Michigan, Uses GFOA YieldAdvantage
May 31, 2005The County of St. Clair, Michigan placed a $5.7 million investment using GFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association.
Town of Sahuarita, Arizona, Uses GFOA YieldAdvantage
May 19, 2005The Town of Sahuarita, Arizona placed a $5 million investment usingGFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association. Traditionally, government entities and school districts solicit bids from banks and broker-dealers via phone. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids and exchange settlement information… Read more »
Carson City, Nevada, Uses BidNV for Laddered Portfolio Solicitation
May 12, 2005Carson City, Nevada, invested $7 million in proceeds from its recent bond sale by using www.BidNV.com, an Internet auction website developed by Grant Street Group for GIF Plan Advisors. “The process was intuitive and the returns exceeded our expectations,” said Al Kramer, treasurer of Carson City, Nevada. The solicitation was done on an “all-or-none” basis… Read more »
Davenport Community School District, Iowa, Uses GFOA YieldAdvantage
April 20, 2005Davenport Community School District, Iowa placed a $15 million investment using GFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association. Traditionally, government entities and school districts solicit bids from banks and broker-dealers via phone. Using the GFOA YieldAdvantagewebsite, state and local governments are able to solicit bids easily and efficiently from… Read more »
Raleigh, North Carolina, Uses GFOA YieldAdvantage for Laddered Portfolio Solicitation
April 16, 2005The City of Raleigh, North Carolina, placed a $191 million investment using GFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids and exchange settlement information easily and efficiently via the Internet. The laddered portfolio transaction was a… Read more »
Durham, North Carolina, Uses GFOA YieldAdvantage
April 14, 2005The City of Durham, North Carolina, placed a $2 million investment using GFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association. Traditionally, government entities and school districts solicit bids from banks and broker-dealers via phone. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids and exchange… Read more »
East Brunswick Board of Education, New Jersey, Uses YieldAuction
April 7, 2005East Brunswick Board of Education, New Jersey, placed a $76 million investment using YieldAuction, an Internet auction website developed by Grant Street Group, a fixed income Internet auction house and parent of MuniAuction. Traditionally, government entities and school districts solicit bids from banks and broker-dealers via phone. Using the YieldAuction website, state and local governments… Read more »
City of Clarksville, Tennessee, Uses GFOA YieldAdvantage
February 3, 2005The City of Clarksville, Tennessee placed a $500,000 investment using GFOA YieldAdvantage5, an Internet auction website offered by the Government Finance Officers Association. Traditionally, government entities and school districts solicit bids from banks and broker-dealers via phone. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids easily and efficiently from… Read more »
City of Brookings, South Dakota, Uses GFOA YieldAdvantage
February 1, 2005The City of Brookings, SD placed a $400,000 investment using GFOA YieldAdvantage, a new Internet auction website offered by the Government Finance Officers Association. Traditionally, government entities and school districts solicit bids from banks and broker-dealers via phone. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids easily and efficiently… Read more »
Technology Is the Ultimate Solution to GIC Bid Rigging
January 25, 2005The Bond Buyer– Letter to the Editor January 25, 2005 GIC bid rigging in the municipal market is no revelation. With huge sums of money involved and an archaic system of phone or fax bids, is it any wonder that the integrity of the bidding process is consistently undermined? It is incumbent on issuers and… Read more »
Springfield Public Schools No. 19, Oregon, Uses GFOA YieldAdvantage
November 9, 2004Springfield Public Schools No. 19, Oregon placed a $500,000 investment using GFOA YieldAdvantage, a new Internet auction website offered by the Government Finance Officers Association. Traditionally, government entities and school districts solicit bids from banks and broker-dealers via phone. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids and exchange… Read more »
Grant Street Group Exceeds $5 Trillion in Auction Volume
November 4, 2004Grant Street Group, the Pittsburgh-based firm that pioneered Internet auctions of new bond issues, today announced that its auction websites exceeded $5 trillion in total volume. Since hosting the first auction in November 1997 for the City of Pittsburgh, Grant Street Group has diversified into designing, developing and licensing customized or private-labeled auction websites used… Read more »
BidOhio Website Celebrates 5 Year Anniversary
October 5, 2004Today’s $42.5 Million CD auction marks the 5 year anniversary of the www.BidOhio.com website. The site has auctioned off over $2.5 Billion in 6-month CDs for the Ohio Treasury and was the first of its kind when introduced in October of 1999. It has received recognition from, the Government Finance Officers Association (GFOA)- Louisville Award… Read more »
The City of Walterboro, South Carolina Uses GFOA YieldAdvantage
September 9, 2004The City of Walterboro, South Carolina solicited a $250,000 6 month CD using GFOA YieldAdvantage, a new Internet auction website offered by the Government Finance Officers Association. Traditionally, government entities and school districts solicit bids from banks via phone. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids easily and… Read more »
Texas Chooses Grant Street Group to Host its $7 Billion Competitive Note Sale Website
July 8, 2004Grant Street Group today announced that the Comptroller of Public Accounts for the State of Texas, Carole Keeton Strayhorn, selected Grant Street to create and maintain a new website that the Comptroller will use to auction $7 billion of tax and revenue anticipation notes (TRANs) in August and annually thereafter. The Comptroller’s “private label site”… Read more »
Miami-Dade and 3 Other Florida Counties Use New LienAuction Service to Sell over 60,000 Tax Certificates
June 22, 2004During the course of two weeks — from May 19 to June 4 — four Florida counties concluded the country’s first Internet auctions of delinquent tax certificates. Orange, Okaloosa, Volusia, and Miami-Dade Counties each held Internet auctions — ranging from one day for Okaloosa County to four days for Miami-Dade County — of delinquent tax… Read more »
Grant Street Group Develops Auction Agent Website For Wells Fargo Corporate Trust Services
May 3, 2004Wells Fargo Online AuctionsSM will complement core bond trustee services Wells Fargo Bank, N.A. today announced the introduction of its new Auction Agent Services, featuring a new online auction site, Wells Fargo Online AuctionsSM. The new Website, developed by Wells Fargo in conjunction with Grant Street Group, is located at www.wfauctions.com and allows real time… Read more »
Woodbury County, Iowa Uses GFOA YieldAdvantage
March 30, 2004Woodbury County, Iowa solicited $401,000 in CDs using GFOA YieldAdvantage, a new Internet auction website offered by the Government Finance Officers Association. Traditionally, government entities and school districts solicit bids from banks via phone. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids easily and efficiently from a larger number… Read more »
Cook County, Illinois Uses GFOA YieldAdvantage
February 5, 2004Using an online auction platform for the first time, Cook County earned significantly better yields on the investment of its bond proceeds than it has in the past. The County placed $100 million in investments using GFOA YieldAdvantage, a new Internet auction website offered by the Government Finance Officers Association. Tom Glaser, chief financial officer… Read more »
Government Finance Officers Association Teams with Grant Street Group to Bring Money Market Investment Platform to Public Sector
December 4, 2003The Government Finance Officers Association (GFOA) today announced an alliance with Grant Street Group, a fixed income Internet auction house, to create GFOA YieldAdvantage, a real-time electronic marketplace for governments to invest their cash holdings. Historically, governments have sought several quotes from local banks before investing their cash. This is done via fax or over… Read more »
Grant Street Group Develops Auction Agent Website For Wachovia
October 9, 2003Wachovia Corporate Trust, part of Wachovia Corporate and Institutional Trust, announced today the launch of Wachovia Auction Direct. The new system provides full-service auction agent capabilities for issuers and broker-dealers by allowing accurate and efficient online bidding of auction rate securities. “Enhancing our auction agent services demonstrates our commitment to investing in our corporate trust… Read more »
Story County, Iowa Uses YieldAuction
August 25, 2003Grant Street Group, the Pittsburgh based Internet auction house for fixed-income securities, recently used its money market investment platform, YieldAuction, to solicit a $500,000, 366-day CD for Story County, Iowa. Traditionally, government entities and school districts solicit bids from banks via phone. Using the YieldAuction website, state and local governments are able to solicit bids… Read more »
Washington County, Pennsylvania Uses YieldAuction
April 11, 2003Grant Street Group, the Pittsburgh-based Internet auction house for fixed-income securities, recently used its money market investment platform, YieldAuction, to solicit a $1,000,000, 182-day CD for Washington County, Pennsylvania. Traditionally, government entities and school districts solicit bids from banks via phone. Using the YieldAuction website, state and local governments are able to solicit bids easily… Read more »
St. Johns County Tax Collector, Florida Uses YieldAuction
March 27, 2003Grant Street Group, the Pittsburgh-based Internet auction house for fixed-income securities, recently used its money market investment platform, YieldAuction, to solicit a $1,000,000, 90-day CD for St. Johns County Tax Collector, Florida. Traditionally, government entities and school districts solicit bids from banks via phone. Using the YieldAuction website, state and local governments are able to… Read more »
Sioux County, Iowa Uses YieldAuction
September 3, 2002Grant Street Group, the Pittsburgh based Internet auction house for fixed-income securities, recently used its money market investment platform, YieldAuction, to solicit $225,000 of CDs from Iowa banks for Sioux County. Traditionally, government entities and school districts solicit bids from banks via phone. Using the YieldAuction website, state and local governments are able to solicit… Read more »
Butler County, Pennsylvania Uses YieldAuction
May 16, 2002Grant Street Group, the Pittsburgh based Internet auction house for fixed-income securities, recently used its money market investment platform, YieldAuction, to solicit $6,000,000 of CDs from Pennsylvania banks for Butler County. Traditionally, government entities and school districts solicit bids from banks via phone. Using the YieldAuction website, state and local governments are able to solicit… Read more »
Lexington County, South Carolina Uses YieldAuction
February 11, 2002Grant Street Group (formerly MuniAuction), the Pittsburgh based Internet auction house for fixed-income securities, recently used its new money market investment platform, YieldAuction, to solicit $5 million of CDs from South Carolina banks for Lexington County. Traditionally, government entities and school districts solicit bids from banks via phone. Using the YieldAuction website, municipalities are able… Read more »
Grant Street Group Launches New Money Market Investment Service
January 14, 2002In November and December 2001, Grant Street Group (formerly MuniAuction), the Pittsburgh based Internet auction house for fixed-income securities, used its new money market investment platform to solicit $13.5 million of CDs from Pittsburgh area banks. Traditionally, school districts and other municipal entities solicit bids from banks via phone and then simply deposit their funds… Read more »
Grant Street Group Announces New Document Posting and Distribution Services (DPDS)
December 11, 2001Grant Street Group announced today that it began offering its new Document Posting and Distribution Services (DPDS) to the investment community in early November. In addition to creating, archiving and electronically distributing Preliminary Official Statements (POS) and Notices of Sale (NOS), Grant Street posts Final Official Statements (OS) and other information to assist issuers in… Read more »
Capital Markets Still Functioning
September 12, 2001The State of Texas conducted a successful auction today using its investment website, www.BidTX.com, to purchase $70 million of 6-month certificates of deposit. The bidders–41 Texas banks–submitted 143 bids totaling $110 million, which compares favorably with results of similar auctions conducted by the State in recent months. “We are pleasantly surprised by the large number… Read more »
Opening of YieldAuction Website
In an effort to help money market participants recover from the impact of Tuesday’s tragedy, Grant Street Group is offering the use of its YieldAuction website — free of charge — to institutional CD and TD players. Our staff will be available by phone to assist you and your counterparties with website demonstrations and training…. Read more »
Pennsylvania State Treasurer Barbara Hafer Announces Plans to Launch BidPA
September 1, 2001Pennsylvania State Treasurer Barbara Hafer has announced plans to launch BidPA, an on-line auction platform allowing Pennsylvania banks to competitively sell Certificates of Deposit to the Treasury Department. Treasurer Hafer will hold two back-to-back auctions on a monthly basis for 3 month and 6 month CDs. The first two auctions will be held on Wednesday,… Read more »
Mellon Financial Conducts First Internet Auction of Custody Securities by Lender/Custodian
May 17, 2001Mellon Financial Corporations Global Securities Lending Group conducted its first Internet based auction of securities held in custody on Wednesday, May 16. Dealers submitted bids to borrow shares of a highly sought after equity in an open auction lasting 30 minutes. During the auction, bidders were permitted to see whether their bids were “leading” or… Read more »
Louisiana to Hold its First Jumbo CD Auction on April 17
April 17, 2001On Tuesday, April 17, 2001, the State of Louisiana will hold its first Internet auction for jumbo certificates of deposit (CDs) on its private-label website (www.BidLouisiana.com) created by the Grant Street Group. The Louisiana Department of the Treasury will conduct quarterly auctions for the placement of $50 million in State funds with Louisiana banks offering… Read more »
BidOhio Receives a National Award from the GFOA
April 15, 2001BidOhio, an Internet-based auction platform created by Grant Street Group for the Ohio Treasurer’s jumbo CD program, won its third national award when the Government Finance Officers Association (GFOA) selected Ohio to receive the Louisville Award for Financial Innovation. BidOhio has previously been recognized by the Association for Financial Professionals and MuniNet Magazine and is… Read more »