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 />99.77%
<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 />� Cv - -nr -:
<br />Amount Collected
<br />133,485,333.65
<br />4,636,707.48
<br />1,727,887.20
<br />139,849,928.33
<br />Amount Collected
<br />134,761,848.99
<br />1,727,887.20
<br />136,489,736.19
<br />urrent Year Overall Collection Percentage Tax Year 2013
<br />urrent Year Overall Collection Percentage Tax Year 2012
<br />312 20141
<br />Amount Budgeted in
<br />Accounts Receivable* FY 13 -14
<br />S 1.985.348.96 S 137.868.792.00
<br />%of Budget
<br />Remaining Budget Collected
<br />(253,249.13) 100.18%
<br />$ 2,294,745.19 1 $ 994,130.00 1 $ (733,757.20) 173.815o
<br />$ 4,280,094.15 1 $ 138,862,922.00 1 $ (987,006.33)1 100.71%
<br />Accounts Receivable
<br />$ 2,767,206.89
<br />$ 2,294,745.19
<br />$ 5,061,952.08
<br />98.54%
<br />97.99%
<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 />$ 306,614.01
<br />99.77%
<br />$ (733,757.20)
<br />173.81%
<br />$ (427,143.19)
<br />100.31%
<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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