Orange County NC Website
There are two settlement reports for tax. The first settlement report shows all taxes charged for <br />collection for the 2010-2011 Fiscal Year. The tax collector is credited with all sums representing <br />taxes collected and deposited, the principle amount of unpaid taxes on real property, and the <br />principal amount of unpaid taxes on personal property determined to be insolvent. All <br />uncollected taxes allowed as credits in a settlement are recharged to the tax collector. The <br />second settlement report shows all prior years' taxes collected during the 2010-2011 Fiscal <br />Year. <br />A third report is also provided detailing all other miscellaneous revenue charged to the tax <br />collector for collection during Fiscal Year 2010-2011. The fourth report provides information on <br />minimal property tax bills for Fiscal Year 2010-2011. <br />FINANCIAL IMPACT: None <br />RECOMMENDATION(S): The Manager recommends the Board: <br />1. Receive the Tax Collector's annual settlement and approve the resolution accepting it as <br />reported for entry into the minutes; and <br />2. Approve and issue the Orders to Collect to the Tax Collector for Fiscal Year 2011-2012. <br />