Note 5: Property Taxes (continued)
Delinquent Taxes and Tax Title Liens:
| YEAR ENDED DECEMBER 31 | AMOUNT OF TAX TITLE LIENS | AMOUNT OF DELINQUENT TAXES | TOTAL DELINQUENT | PERCENTAGE OF TAX LEVY |
|---|
| 2014 | $ 2,335,043 | $ 1,909,409 | $ 4,244,452 | 2.92% |
| 2013 | 2,055,182 | 1,876,075 | 3,931,257 | 2.77% |
| 2012 | 1,845,048 | 2,028,373 | 3,873,421 | 2.81% |
The value of property acquired by liquidation of tax title liens on December 31, on the basis of the last assessed valuation of such properties, for the current and previous two years was as follows:
| YEAR | AMOUNT |
|---|
| 2014 | $ 6,306,200 |
| 2013 | 6,318,700 |
| 2012 | 6,318,700 |
The following schedule details the amount of fund balance available at the end of the current year and four previous years and the amounts utilized in the subsequent year's budgets.
CURRENT FUND:
2014 $ 3,987,051 * *
YEAR BALANCE DECEMBER 31, UTILIZED IN BUDGET OF SUCCEEDING YEAR PERCENTAGE OF FUND BALANCE USED
2013 2,873,067 2,200,000 76.57%
2012 2,549,911 2,200,000 86.28%
2011 2,350,087 1,900,000 80.85%
2010 2,770,286 2,400,000 86.63%
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