Agenda - 09-05-2013 - 5e - Laserfiche WebLink

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Two settlement reports for tax are included. The first shows all taxes charged for collection for the 2012 -2013 Fiscal Year. Per NCGS 105- 373(3)(b) the tax collector is credited with (paraphrased): 1. All sums representing taxes collected and deposited; 2. Releases approved by the governing body; 3. The principal amount of taxes constituting liens on real property; 4. Amount shown on the insolvent list; 5. Discounts as allowed by law; 6. Commissions (if any) lawfully payable to the tax collector as compensation; 7. Outstanding Property Tax Commission appeals. *All uncollected taxes allowed as credits in a settlement are recharged to the tax collector. The second report shows all prior years' taxes collected during the 2012 -2013 fiscal year. NCGS 105 -378 limits the tax collector's use of enforced collection remedies to ten years from the due date of the tax. As such, for Fiscal Year 2012 -2013, the tax collector was charged with collecting remaining taxes from the years 2003 -2011, in addition to current year 2012 taxes. Additional reports are included for review by the governing board. One provides details of all other miscellaneous revenue charged to the Tax Collector for collection during Fiscal Year 2012 -2013. Another report shows the accounts receivable information for 2012 taxes at the beginning of the 2013 Fiscal Year. The final report is a minimal bill report that provides the number of bills and amount of taxes waived in accordance with a resolution approved by the governing board on July 26, 1995. NCGS 105- 321(f) states, in part, that the governing body of a taxing unit may direct its tax assessor and tax collector not to collect minimal taxes where the total principal amount does not exceed five dollars ($5.00). FINANCIAL IMPACT: There is no financial impact associated with receipt of the tax collector's annual settlement. RECOMMENDATION(S): The Manager recommends the Board • Receive the Tax Collector's annual settlement, and approve and authorize the Chair to sign the resolution accepting it as reported for entry into the minutes; and • Approve, authorize the Chair to sign, and issue the Order to Collect to the Tax Collector for Fiscal Year 2013 -2014.