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Amount Charged in
<br />FY 13 -14
<br />137.868.792.00
<br />Tax Year 2013
<br />% of Budget
<br />Current Year Taxes
<br />$
<br />*Current Year VTS Taxes
<br />97.79
<br />Prior Year Taxes
<br />$
<br />Total
<br />$
<br />4,163, 721.00
<br />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 />I- C. V Date O rt: March 18. 2014-
<br />Amount Budgeted in
<br />Amount Collected
<br />132,081,403.99
<br />3,271,125.12
<br />1,470,414.07
<br />136,822,943.18
<br />Amount Collected
<br />132,077,854.74
<br />1,379,270.05
<br />133.457.124.79
<br />urrent Year Overall Collection Percentage Tax Year 2013
<br />urrent Year Overall Collection Percentage Tax Year 2012
<br />Accounts Receivable* FY 13 -14
<br />S 3.389.165.96 S 137.868.792.00
<br />% of Budget
<br />Remaining Budget Collected
<br />2.516.262.89 98.17
<br />$ 2,567,107.27 $ 994,130.00 1 $ (476,284.07)1 147.91
<br />$ 5,956,273.23 $ 138,862,922.00 1 $ 2,039,978.82 1 98.53'
<br />Accounts Receivable
<br />$ 4,299,098.05
<br />$ 2,295,682.47
<br />$ 6,594,780.52
<br />97.50%
<br />96.86%
<br />Amount Budgeted in
<br />FY 12 -13
<br />$ 135,068,463.00
<br />$ 994,130.00
<br />$ 136,062,593.00
<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 may not change with each report.
<br />Changed calculation for Remaining Budget to include subtracting the VTS Collections
<br />% of Budget
<br />Remaining Budget
<br />Collected
<br />$ 2,990,608.26
<br />97.79
<br />$ (385,140.05)
<br />138.74
<br />$ 2,605,468.21
<br />98.09'
<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 may not change with each report.
<br />Changed calculation for Remaining Budget to include subtracting the VTS Collections
<br />
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