ny_mta

MTA Hosts Successful $700M Note Sale on MuniAuction®

February 8, 2017

The 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_logo

Orange County, CA Takes Tax-Defaulted Timeshare Auctions Online With Grant Street Group

December 20, 2016

The 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_bmv

Ohio Bureau of Motor Vehicles Goes Live with PaymentExpress® as New Point-of-Sale ePayment Solution

August 3, 2016

FOR 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

Escambia County, Florida Goes Live with TaxSys®

April 4, 2016

FOR 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 »

mta

New York Metropolitan Transportation Authority (MTA) Hosts $628M Note Sale on MuniAuction®

December 9, 2015

The 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 »

gsg

PaymentExpress Processes Over $1 Billion in Payments in November 2015

December 1, 2015

November 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 »

gsg

Commonwealth of Massachusetts Selects PaymentExpress® as New Statewide ePayment Solution

November 23, 2015

FOR 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

Walton County, Florida Now Live on TaxSys®

September 28, 2015

FOR 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 »

taxsys_news_icon_top

TaxSys® to be Complete for California in 2016

September 21, 2015

FOR IMMEDIATE RELEASE Grant Street Group, an innovator in cloud-based tax collection software, announced today that its California-specific TaxSys® platform, a comprehensive tax collection, management, and apportionment application, will be complete in 2016. Since 2005 Grant Street has been participating in CACTTC conferences with an eye toward providing a tax collection, management, and apportionment solution… Read more »

mta

New York Metropolitan Transportation Authority (MTA) Hosts $500M Note Sale on MuniAuction®

September 9, 2015

On 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

Escambia County, Florida, Selects TaxSys®

August 27, 2015

FOR 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 »

santarosa

Santa Rosa County, Florida Goes Live with TaxSys®

March 2, 2015

FOR 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

Kern County, California, Selects Grant Street Group to Host Annual Tax Deed Auctions

February 20, 2015

FOR 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

Walton County, Florida, Selects TaxSys®

February 17, 2015

FOR 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 »

perlfoundationlogo

Grant Street Group Becomes a Bronze Sponsor of the Perl Foundation

January 30, 2015

Grant 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

Monroe County Tax Collector’s Office Goes Live with PaymentExpress®

January 15, 2015

FOR 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 »

ppw

Grant Street Group to Sponsor 7th Annual Pittsburgh Perl Workshop

September 18, 2014

Grant 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 »

nassau

Hillsborough, Nassau, and Brevard Counties Go Live with TaxSys®

September 5, 2014

FOR 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 »

santarosa

Santa Rosa County, Florida Selects TaxSys®

September 1, 2014

FOR 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 »

Brevard County

Brevard County, Florida Now Live on TaxSys®

August 18, 2014

FOR 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

Nassau County, Florida Now Live on TaxSys®

July 28, 2014

FOR 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 »

sanbernardino

San Bernardino County, California Opens Annual Reoffer Sale

July 14, 2014

Today, 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

Hillsborough County, Florida Now Live on TaxSys®

July 1, 2014

FOR 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 »

sanbernardino

San Bernardino County, California Hosts Successful Annual Tax Deed Sale with Grant Street Group

June 2, 2014

FOR 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

Pasco County, Florida Selects TaxSys®

April 23, 2014

FOR 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

Lake County, Florida: New System Allows Tax Payments to be Made Online

March 18, 2014

From 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

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

Sumter County, Florida Goes Live with TaxSys®

February 3, 2014

FOR 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 »

tellurium

Tellurium™ Arrives Offering Easy Web Automation for All

July 2, 2013

Automation for all. That’s the promise made by Tellurium, the latest innovative product from software provider Grant Street Group. “If you have anything that you do on a website over and over again – testing, checking items for compliance, or even ordering bagels each morning – then Tellurium is for you. Our goal was to… Read more »

miami

Miami-Dade County, Florida, Goes Live with TaxSys®

June 19, 2013

FOR 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

Hillsborough County, Florida Selects TaxSys®

April 29, 2013

FOR 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

Broward County, Florida Selects PaymentExpress™

October 23, 2012

FOR 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 »

stlucieclerk

St. Lucie County, Florida Clerk of the Circuit Court Launches Online Tax Deed Auctions

October 9, 2012

FOR 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 Office is… Read more »

alachua

Alachua County, Florida Goes Live with TaxSys®

September 10, 2012

FOR 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 »

illinois

State of Illinois Successfully Auctions $50M in GO Bonds

September 3, 2012

FOR 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 »

zions_bank

Successful $300M Zions Bancorporation Senior Note Auction

March 22, 2012

Company 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 »

MD_logo_240px

Grant Street Group to Host $100M Premium Tax Credit Auction for the State of Maryland on March 15, 2012

March 12, 2012

On 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 »

denver

No Hard Post-Game Feelings as Pittsburgh Firm Hosts Highly Successful Auction of Denver Municipal Bonds

January 12, 2012

On 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

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 »

indianriver

Indian River County, Florida, Selects TaxSys®

June 9, 2011

Today, 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 »

pci

Grant Street Group Achieves Payment Card Industry (PCI) Level 1 Certification

January 31, 2011

Today, 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

Charlotte County, Florida, Live on TaxSys®

September 13, 2010

Today, 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

Miami-Dade County Approves Contract for TaxSys® — Grant Street Group’s Web-Based Tax Collection and Billing System

March 3, 2010

Yesterday, 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 »

palmbeachclerk

Palm Beach County, Florida, Clerk & Comptroller Launches Online Foreclosure Auctions

February 8, 2010

The 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_volusia

Broward and Volusia Counties, Florida, Go Live with TaxSys®

November 3, 2009

Today, 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 »

gsg

Grant Street Group Announces Enhanced Build America Bonds (BABs) Electronic Auction Platform

September 24, 2009

Today, 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_pinellas

Broward and Pinellas Counties, Florida, Take Tax Lien Auctions Online

May 11, 2009

This 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 »

gsg

Grant Street Group Announces a New Suite of Revenue Collection Software

March 27, 2009

Today, 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

Volusia County, Florida, Selects TaxSys®

March 18, 2009

After 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 »

baltimore1

City of Baltimore Continues Online Auctions with Grant Street Group

March 2, 2009

Following 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 »

broward

Broward County, Florida, Approves Contract for TaxSys®

July 29, 2008

Marking 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 »

freddie_mac2

Grant Street Group Hosts Strong $3 Billion Auction for Freddie Mac

July 14, 2008

On 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 »

pinellas_transparent

Pinellas County, Florida, Goes Live with TaxSys®

June 2, 2008

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 »

gsg

Grant Street Group Marks 10th Anniversary of Country’s First Internet Bond Auction

November 14, 2007

Grant 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 »

massachusetts

Grant Street Group Hosts Huge Internet Auctions for Massachusetts $1.2 Billion GIC Auction and $164 Million Interest Rate Swap

August 7, 2007

In 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 »

los_angeles

City of Los Angeles, California Conducts Largest-Ever Open Note Auction

June 26, 2007

The 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 »

pennsylvania

Grant Street Group Hosts Bond Auction for Commonwealth of Pennsylvania

May 22, 2007

The 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 »

zions_bank

Zions Bancorporation Uses Grant Street Group Developed Site To Complete Successful ESOARS Auction

May 8, 2007

Zions 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 »

zions_bank

Grant Street Group Develops CD Auction Website For Zions Direct

February 27, 2007

Zions 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 »

taxsys_news_icon

Grant Street Completes Successful Implementations of TaxSys® in Florida

December 12, 2006

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 »

gsg

We Have the Responsibility to Make GICs an Honest Market

December 11, 2006

The 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 »

zions_bank

Grant Street Group Develops ESOARS Auction Website For Zions Bancorporation

June 29, 2006

Zions 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 »

gsg

Grant Street Completes Third Year of Tax Lien Auctions

June 13, 2006

Last 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

West Virginia Treasurer Conducts Internet Auction for CDs

May 16, 2006

West 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 »

gsg

Banner Health Conducts Its First Swap Auction

March 23, 2006

Banner 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 »

maricopa

Grant Street Group’s LienAuction Helps Maricopa County’s “Hopes and Dreams” Come True

February 16, 2006

The 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 »

pfm

Nassau County and PFM Conduct First-Ever Open Note Auction in New York State

December 7, 2005

This 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 »

yieldadvantage

Lexington-Fayette Urban County Government, Kentucky, uses GFOA YieldAdvantage

September 15, 2005

Lexington-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 »

yieldadvantage

Cook County Forest Preserve District, Illinois, Uses GFOA YieldAdvantage

September 14, 2005

Cook 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 »

yieldadvantage

Washtenaw County, Michigan, Uses GFOA YieldAdvantage

July 26, 2005

Washtenaw 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 »

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Cook County Treasurer’s Office, Initiates Use of GFOA YieldAdvantage for Weekly Certificate of Deposit Auctions

June 7, 2005

Advancing 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 »

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Town of Sahuarita, Arizona, Uses GFOA YieldAdvantage

May 19, 2005

The 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 »

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Carson City, Nevada, Uses BidNV for Laddered Portfolio Solicitation

May 12, 2005

Carson 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 »

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Davenport Community School District, Iowa, Uses GFOA YieldAdvantage

April 20, 2005

Davenport 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 »

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Raleigh, North Carolina, Uses GFOA YieldAdvantage for Laddered Portfolio Solicitation

April 16, 2005

The 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 »

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Durham, North Carolina, Uses GFOA YieldAdvantage

April 14, 2005

The 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 »

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East Brunswick Board of Education, New Jersey, Uses YieldAuction

April 7, 2005

East 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 »

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City of Clarksville, Tennessee, Uses GFOA YieldAdvantage

February 3, 2005

The 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 »

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City of Brookings, South Dakota, Uses GFOA YieldAdvantage

February 1, 2005

The 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 »

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Technology Is the Ultimate Solution to GIC Bid Rigging

January 25, 2005

The 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 »

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Springfield Public Schools No. 19, Oregon, Uses GFOA YieldAdvantage

November 9, 2004

Springfield 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 »

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Grant Street Group Exceeds $5 Trillion in Auction Volume

November 4, 2004

Grant 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 »

ohio

BidOhio Website Celebrates 5 Year Anniversary

October 5, 2004

Today’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 »

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The City of Walterboro, South Carolina Uses GFOA YieldAdvantage

September 9, 2004

The 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 »

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Woodbury County, Iowa Uses GFOA YieldAdvantage

March 30, 2004

Woodbury 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 »

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Cook County, Illinois Uses GFOA YieldAdvantage

February 5, 2004

Using 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 »

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Government Finance Officers Association Teams with Grant Street Group to Bring Money Market Investment Platform to Public Sector

December 4, 2003

The 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 »

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Grant Street Group Develops Auction Agent Website For Wachovia

October 9, 2003

Wachovia 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 »

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Story County, Iowa Uses YieldAuction

August 25, 2003

Grant 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 »

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Washington County, Pennsylvania Uses YieldAuction

April 11, 2003

Grant 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 »

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St. Johns County Tax Collector, Florida Uses YieldAuction

March 27, 2003

Grant 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 »

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Sioux County, Iowa Uses YieldAuction

September 3, 2002

Grant 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 »

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Butler County, Pennsylvania Uses YieldAuction

May 16, 2002

Grant 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 »

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Lexington County, South Carolina Uses YieldAuction

February 11, 2002

Grant 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 »

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Grant Street Group Launches New Money Market Investment Service

January 14, 2002

In 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 »

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Grant Street Group Announces New Document Posting and Distribution Services (DPDS)

December 11, 2001

Grant 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 »

texas

Capital Markets Still Functioning

September 12, 2001

The 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 »

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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 »

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Pennsylvania State Treasurer Barbara Hafer Announces Plans to Launch BidPA

September 1, 2001

Pennsylvania 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 »

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Louisiana to Hold its First Jumbo CD Auction on April 17

April 17, 2001

On 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 »

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BidOhio Receives a National Award from the GFOA

April 15, 2001

BidOhio, 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 »