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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 />98.76%
<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 />Amount Budgeted in
<br />Amount Collected
<br />132,741,171.73
<br />3,928,057.43
<br />1, 587, 994.46
<br />138,257,223.62
<br />Amount Collected
<br />133,391,275.95
<br />1,403,655.24
<br />134,794,931.19
<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 2.733.035.04 S 137.868.792.00
<br />%of Budget
<br />Remaining Budget Collected
<br />1,199,562.84 1 99.13%
<br />$ 2,436,870.43 1 $ 994,130.00 1 $ (593,864.46)1 159.74%
<br />$ 5,169,905.47 1 $ 138,862,922.00 1 $ 605,698.38 1 99.56%
<br />Accounts Receivable
<br />$ 3,588,790.78
<br />$ 2,230,199.10
<br />$ 5,818,989.88
<br />97.99%
<br />97.39%
<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 />$ 1,677,187.05
<br />98.76%
<br />$ (409,525.24)
<br />141.19%
<br />$ 1,267,661.81
<br />99.07%
<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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