Orange County NC Website
INFORMATION ITEM <br />Tax Collector's Report - Numerical Analysis <br />Effective Date of <br />Report: October <br />16, 2014 <br />Tax Year 2014 <br />Amount Charged in <br />FY 14 -15 <br />Amount Collected <br />ts 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 />17,697,199.96 <br />14,916,682.61 <br />$ 135,734,649.00 <br />$ 118,037,449.04 <br />0.13% <br />P"Year <br />$ 3,764,940.44 <br />650,512.90 <br />Lccou,n <br />3,088,499.18 <br />$ 994,130.00 <br />$ 343,617.10 <br />65.44% <br />$ 139,499,589.44 <br />18,347,712.86 <br />18,005,181.79 <br />$ 136,728,779.00 <br />$ 118,381,066.14 <br />13.42% <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 />18,936,919.92 <br />$ 109,845,917.96 <br />$ 130,682,492.00 <br />$ 111,745,572.08 <br />14.49% <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 />19,292,836.54 <br />$ 112,026,159.91 <br />$ 131,676,622.00 <br />$ 112,383,785.46 <br />14.65% <br />Current Year Overall Collection Percentage Tax Year 2014 <br />13.46% <br />Current Year Overall Collection Percentage Tax Year 2013 <br />14.74% <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 />