Amount Charged in
<br />Tax Year 2013 FY 13 -14
<br />Current Year Taxes $ 137,868,792.00
<br />*Current Year VTS Taxes
<br />Prior Year Taxes $ 4,163,721.00
<br />Total $ 142,032,513.00
<br />Amount Charged in
<br />Tax Year 2012 FY 12 -13
<br />urrent Year Taxes $ 135,068,463.00
<br />Prior Year Taxes $ 4,026,736.27
<br />Total $ 139,095,199.27
<br />INFORMATION ITEM
<br />Tax Collector's Report - Numerical Analysis
<br />� C � � � _ �
<br />Amount Budgeted in
<br />Amount Collected
<br />64, 570, 716.39
<br />402,790.83
<br />1,001,242.95
<br />65,974,750.17
<br />Amount Collected
<br />58,545,871.37
<br />974,661.67
<br />59,520,533.04
<br />nt Year Overall Collection Percentage Tax Year 2013
<br />nt Year Overall Collection Percentage Tax Year 2012
<br />Accounts Receivable* FY 13 -14
<br />$ 68,301,666.19 1 $ 137,868,792.00
<br />of Budget
<br />Remaining Budget Collected
<br />$ 73,298,075.61 47.13%
<br />$ 3,137,114.92 $ 994,130.00 1 $ (7,112.95) 100.725/o
<br />$ 71,438,781.11 $ 138,862,922.00 1 $ 73,290,962.66 47.51%
<br />48.72%
<br />43.72%
<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 Budgeted in
<br />% of Budget
<br />Accounts Receivable
<br />FY 12 -13
<br />Remaining Budget
<br />Collected
<br />$ 75,846,344.22
<br />$
<br />135,068,463.00
<br />$ 76,522,591.63
<br />43.35%
<br />$ 2,756,957.11
<br />$
<br />994,130.00
<br />$ 19,468.33
<br />98.04%
<br />$ 78,603,301.33
<br />$
<br />136,062,593.00
<br />$ 76,542,059.96
<br />43.74%
<br />48.72%
<br />43.72%
<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 />
|