Orange County NC Website
v7 <br />T <br />oa~~4nooe <br />Tax Collections Intedocal Agreement Work Group <br />Options for Recouping Cost to Collect Taxes Within Town Jurisdictions <br />Current Practice Coun cha es Towna 112 of 1% of collections <br />% of Total <br />2007 Collections Attributed to <br />Each Entity <br />FY 2009-10 I FY 2010-11 I FY 2011-12 I FY 2012-13 <br />118,142,453 <br />the total levy value, the following values are attributed to the individual jurisdictions; <br />Assumption Assumes annual increase in levy of 2.5%; <br />RMV levy will revert to State July 1, 2011 <br />Calculation (2007 Collections' 2.5% annual increase <br />in levy) 1/2 of 1% <br />