Orange County NC Website
INFORMATION ITEM <br />Tax Collector's Report - Numerical Analysis <br />*The Orange County Tax Office will generally no longer bill and collect for registered motor vehicles. <br />This is in accordance with new State law, House Bill 1779. <br />This report does not include levy and collections for RMV taxes for FY 14 -15. Therefore, RMV figures have been removed from FY 13 -14 numbers for <br />comparison. <br />Effective Date of <br />Report: September 19, 2014 <br />Tax Year 2014 <br />Amount Charged in <br />FY 14 -15 <br />Amount Collected <br />Accounts Receivable* <br />Amount Budgeted in <br />FY 14 -15 <br />Remaining Budget <br />% of Budget <br />Collected <br />Current Year Taxes <br />$ 135,734,649.00 <br />13,949,416.94 <br />$ 118,603,150.60 <br />$ 135,734,649.00 <br />$ 121,785,232.06 <br />0.10% <br />P"Year <br />$ 3,764,940.44 <br />391,189.62 <br />$ 2,234,282.45 <br />$ 994,130.00 <br />$ 602,940.38 <br />39.35% <br />$ 139,499,589.44 <br />14,340,606.56 <br />$ 120,837,433.05 <br />$ 136,728,779.00 <br />$ 122,388,172.44 <br />10.49% <br />ffi <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 />$ 130,682,492.00 <br />12,112,175.82 <br />$ 116,716,384.48 <br />$ 130,682,492.00 <br />$ 118,570,316.18 <br />9.27% <br />Prior Year Taxes <br />$ 4,163,721.00 <br />355,916.62 <br />$ 2,180,241.95 <br />$ 994,130.00 <br />$ 638,213.38 <br />35.80% <br />Total <br />$ 134,846,213.00 <br />12,468,092.44 <br />$ 118,896,626.43 <br />$ 131,676,622.00 <br />$ 119,208,529.56 <br />9.47% <br />ffiffiffiffi <br />Current Year Overall Collection Percentage Tax Year 2014 <br />10.64% <br />Current Year Overall Collection Percentage Tax Year 2013 <br />9.44% <br />*The Orange County Tax Office will generally no longer bill and collect for registered motor vehicles. <br />This is in accordance with new State law, House Bill 1779. <br />This report does not include levy and collections for RMV taxes for FY 14 -15. Therefore, RMV figures have been removed from FY 13 -14 numbers for <br />comparison. <br />