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INFORMATION ITEM
<br />Tax Collector's Report - Numerical Analysis
<br />Effective Date of Report: Aug 29, 2013
<br />Tax Year 2013
<br />Amount Charged in
<br />FY 13 -14
<br />Amount Collected
<br />Accounts Receivable*
<br />Amount Budgeted in
<br />FY 13 -14
<br />Remaining Budget
<br />% of Budget
<br />Collected
<br />Current Year Taxes
<br />$ 137,868,792.00
<br />8,387,159.21
<br />$ 122,124,454.70
<br />$ 137,868,792.00
<br />$ 129,481,632.79
<br />6.09%
<br />*Current Year VTS Taxes
<br />8,232.74
<br />Prior Year Taxes
<br />$ 4,163,721.00
<br />524,653.39
<br />$ 3,628,333.36
<br />$ 994,130.00
<br />$ 469,476.61
<br />52.78%
<br />Total
<br />$ 142,032,513.00
<br />8,920,045.34
<br />$ 125,752,788.06
<br />$ 138,862,922.00
<br />$ 129,951,109.40
<br />6.42%
<br />7Year 2
<br />Amount Charged in
<br />FY 12 -13
<br />Amount Collected
<br />Accounts Receivable
<br />Amount Budgeted in
<br />FY 12 -13
<br />Remaining Budget
<br />% of Budget
<br />Collected
<br />$ 135,068,463.00
<br />3, 575,423.70
<br />$ 126,244,753.45
<br />$ 135,068,463.00
<br />$ 131,493,039.30
<br />2.65%
<br />Prior Year Taxes
<br />$ 4,026,736.27
<br />576,310.28
<br />$ 3,203,977.98
<br />$ 994,130.00
<br />$ 417,819.72
<br />57.97%
<br />Total
<br />$ 139,095,199.27
<br />4,151,733.98
<br />$ 129,448,731.43
<br />$ 136,062,593.00
<br />$ 131,910,859.02
<br />3.05%
<br />Current Year Overall Collection Percentage Tax Year 2013 6.66%
<br />Current Year Overall Collection Percentage Tax Year 2012 3.04%
<br />*Effective with September, 2013 vehicle registration renewals, the Orange County Tax Office will generally no longer bill and collect for registered motor
<br />vehicles. This is in accordance with new State law, House Bill 1779. In an effort of full transparency, the tax office has modified its Collector's Report
<br />format to include taxes billed and collected through the new Vehicle Tax System (VTS). Including this figure will show the Collector's progress toward
<br />meeting the overall tax revenue budget. Note that reconciliation for these taxes is monthly, so this figure will not change with each report.
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