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INFORMATION ITEM
<br />Tax Collector's Report - Numerical Analysis
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<br />1-_ c v Dare -n rt: November IL, 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 />32,212,891.15
<br />$ 100,882,009.89
<br />$ 137,868,792.00
<br />$ 105,655,900.85
<br />23.66%
<br />*Current Year VTS Taxes
<br />Current Year Taxes
<br />402,790.83
<br />135,068,463.00
<br />28,318,288.58
<br />$ 105,214,779.11
<br />$
<br />Prior Year Taxes
<br />$ 4,163,721.00
<br />930,123.66
<br />$ 3,209,365.98
<br />$ 994,130.00
<br />$ 64,006.34
<br />93.56%
<br />Total
<br />$ 142,032,513.00
<br />33,545,805.64
<br />$ 104,091,375.87
<br />$ 138,862,922.00
<br />$ 105,719,907.19
<br />24.16%
<br />Current • . • . • 2013 Percentage .. . • 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 />28,318,288.58
<br />$ 105,214,779.11
<br />$
<br />135,068,463.00
<br />$ 106,750,174.42
<br />20.97%
<br />Prior Year Taxes
<br />$
<br />4,026,736.27
<br />938,161.53
<br />$ 2,819,359.19
<br />$
<br />994,130.00
<br />$ 55,968.47
<br />94.37%
<br />Total
<br />$
<br />139,095,199.27
<br />29,256,450.11
<br />$ 108,034,138.30
<br />$
<br />136,062,593.00
<br />$ 106,806,142.89
<br />21.50%
<br />Current • . • . • 2013 Percentage .. . • 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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