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Agenda - 10-20-2009 - 4h
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Agenda - 10-20-2009 - 4h
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Last modified
10/20/2009 8:53:07 AM
Creation date
10/20/2009 8:53:05 AM
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BOCC
Date
10/20/2009
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
4h
Document Relationships
2009-089 Revenue - Towns of Chapel Hill, Carrboro and Hillsborough - Addendum to the Inter-Local Agreement for Tax Collections
(Linked From)
Path:
\Board of County Commissioners\Contracts and Agreements\General Contracts and Agreements\2000's\2009
Minutes - 20091020
(Linked From)
Path:
\Board of County Commissioners\Minutes - Approved\2000's\2009
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11 <br />the collection deposit date the County Finance Office will cause <br />each governmental unit's share of that day's deposits to be <br />transferred to as account as designated by the Finance Officer of <br />each Town. The share of each unit shall be determined by a <br />computer distnibution of all payments. Daily transfer information <br />will be provided to Carrboro, Chapel Hill, and Hillsborough by <br />telephone call from the County Finance Office at or before 12:00 <br />PM on the date of transfer. The County Finance Officer will <br />provide monthly reports with detailed payment and distribution <br />information to the Finance Officer of each governmental unit. <br />Additionally, monthly reports will be provided which include a <br />listing of any changes to the levy such as discoveries and taxes <br />released, refunded, compromised, or in any way affected by <br />actions of the County Board of Commissioners, Tax Collector or <br />Assessor. <br />The County's annual audit will include an audit of the tax <br />collection system . Upon completion of such audit the County will <br />provide each Town with a separate report containing the Town's <br />tax levy and collection information to include the auditor's <br />opinion. Any special audit requests shall be directed to the County <br />Finance Officer and shall be paid for by the requesting unit <br />through a supplemental billing directed by the County to the <br />requesting unit. <br />The County will bill each Town quarterly for its services in the <br />operation of the joint tax collections system. This quarterly billing <br />for each town will be computed at a rate of 5/10 (one half) of 1% <br />of the total taxes collected for each respective Town. Tax <br />collections will be based on the monthly tax levy and collection <br />information provided to the Towns as mentioned above. This <br />
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