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INFORMATION ITEM
<br />Tax Collector's Report - Numerical Analysis
<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.
<br />Effective Date of
<br />Report: September 13, 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 />12,430,349.54
<br />$
<br />118,882,724.42
<br />$ 137,868,792.00
<br />$ 125,438,442.46
<br />9.11%
<br />*Current Year VTS Taxes
<br />127,538.90
<br />Prior Year Taxes
<br />$ 4,163,721.00
<br />617,102.89
<br />$
<br />3,529,788.58
<br />$ 994,130.00
<br />$ 377,027.11
<br />62.07%
<br />Total
<br />$ 142,032,513.00
<br />13,174,991.33
<br />$
<br />122,412,513.00
<br />$ 138,862,922.00
<br />$ 125,815,469.57
<br />9.49%
<br />NAAAAAAA
<br />Tax Year 2012
<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 />Current Year Taxes
<br />$ 135,068,463.00
<br />8,819,562.92
<br />$
<br />121,676,989.06
<br />$ 135,068,463.00
<br />$ 126,248,900.08
<br />6.53%
<br />Prior Year Taxes
<br />$ 4,026,736.27
<br />674,081.82
<br />$
<br />3,104,500.04
<br />1 $ 994,130.00
<br />$ 320,048.18
<br />67.81%
<br />Total
<br />$ 139,095,199.27
<br />9,493,644.74
<br />$
<br />124,781,489.10
<br />$ 136,062,593.00
<br />$ 126,568,948.26
<br />6.98%
<br />Ph Ph Ph Ph Ph Ph Ph
<br />Current Year Overall Collection Percentage Tax Year 2013
<br />9.69%
<br />MMMMMMMMMMMMMM
<br />Current Year Overall Collection Percentage Tax Year 2012
<br />7.03%
<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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