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INFORMATION ITEM
<br />Tax Collector's Report - Numerical Analysis
<br />Effective Date of
<br />Report: September 30, 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 />15,026,780.71
<br />$ 117,068,635.47
<br />$ 137,868,792.00
<br />$ 122,842,011.29
<br />10.99%
<br />*Current Year VTS Taxes
<br />127,538.90
<br />Prior Year Taxes
<br />$ 4,163,721.00
<br />695,909.11
<br />$ 3,449,350.11
<br />$ 994,130.00
<br />$ 298,220.89
<br />70.00%
<br />Total
<br />$ 142,032,513.00
<br />15,850,228.72
<br />$ 120,517,985.58
<br />$ 138,862,922.00
<br />$ 123,140,232.18
<br />11.41%
<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 />13 ,026,688.67
<br />$ 117,839,119.54
<br />$ 135,068,463.00
<br />$ 122,041,774.33
<br />9.64%
<br />Prior Year Taxes
<br />$ 4,026,736.27
<br />788,236.41
<br />$ 2,983,855.86
<br />$ 994,130.00
<br />$ 205,893.59
<br />79.29%
<br />Total
<br />$ 139,095,199.27
<br />13,814,925.08
<br />$ 120,822,975.40
<br />$ 136,062,593.00
<br />$ 122,247,667.92
<br />10.159.
<br />Current Year Overall Collection Percentage Tax Year 2013 11.60%
<br />Current Year Overall Collection Percentage Tax Year 2012 10.21%
<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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