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INFORMATION ITEM
<br />Tax Collector's Report - Numerical Analysis
<br />1-_ct v Dare -nr : Oar a
<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 />21,490,711.97
<br />$ 110,644,870.92
<br />$ 137,868,792.00
<br />$ 116,378,080.03
<br />15.88%
<br />*Current Year VTS Taxes
<br />Current Year Taxes
<br />402,790.83
<br />135,068,463.00
<br />17,562,446.69
<br />$ 115,892,315.18
<br />$
<br />Prior Year Taxes
<br />$ 4,163,721.00
<br />857,204.52
<br />$ 3,282,747.12
<br />$ 994,130.00
<br />$ 136,925.48
<br />86.23%
<br />Total
<br />$ 142,032,513.00
<br />22,750,707.32
<br />$ 113,927,618.04
<br />$ 138,862,922.00
<br />$ 116,515,005.51
<br />16.38%
<br />Current Year Overall Collection 1 . t t t:t • r •:t • r •:t • r •:t • r •:t • r •:t • r •:t r r r:t F
<br />Current �tttttttttttttttttttttttttttttttt
<br />Year
<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 />Amount Charged in
<br />Amount Budgeted in
<br />%of Budget
<br />Tax Year 2012
<br />FY 12 -13
<br />Amount Collected
<br />Accounts Receivable
<br />FY 12 -13
<br />Remaining Budget
<br />Collected
<br />Current Year Taxes
<br />$
<br />135,068,463.00
<br />17,562,446.69
<br />$ 115,892,315.18
<br />$
<br />135,068,463.00
<br />$ 117,506,016.31
<br />13.00%
<br />Prior Year Taxes
<br />$
<br />4,026,736.27
<br />890,941.51
<br />$ 2,867,511.93
<br />$
<br />994,130.00
<br />$ 103,188.49
<br />89.62%
<br />Total
<br />$
<br />139,095,199.27
<br />18,453,388.20
<br />$ 118,759,827.11
<br />$
<br />136,062,593.00
<br />$ 117,609,204.80
<br />13.56%
<br />Current Year Overall Collection 1 . t t t:t • r •:t • r •:t • r •:t • r •:t • r •:t • r •:t r r r:t F
<br />Current �tttttttttttttttttttttttttttttttt
<br />Year
<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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