Orange County NC Website
Browse       Search
1 <br /> R <br /> 1 <br /> O R A N G E C O U N T Y <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: Aug. 8 , 1994 <br /> Action Agenda Item <br /> # V-W-Ar <br /> SUBJECT: 1993-94 Annual Settlement <br /> DEPARTMENT: Revenue PUBLIC HEARING: Yes X No <br /> ATTACHMENT(S) : INFORMATION CONTACT: <br /> JOHN T. HORNER: EXTENSION 2727 <br /> Report of Annual Tax Settlement <br /> TELEPHONE NUMBERS: <br /> Hillsborough - 732-8181 <br /> Durham - 688-7331 <br /> Mebane - 227-2031 <br /> Chapel Hill - 967-9251/968-4501 <br /> PURPOSE: To receive the Tax Settlement on current and delinquent <br /> taxes which gives the amount charged, the amount unpaid <br /> and the amount collected for 1993 and prior. <br /> BACKGROUND: Mandated by General Statutes 105-373.3 <br /> ( 3 ) Settlement for current taxes: After July 1 and <br /> before he is charged with taxes for the current year, <br /> the Tax Collector shall make full settlement with the <br /> governing body of the taxing unit for all taxes in his <br /> hands for collection for the preceding fiscal year. In <br /> the Settlement the Tax Collector shall be charged with: <br /> (a) The total amount of all taxes in his hands for <br /> collection for the full year, including amounts <br /> originally charged to him and all amounts subsequently <br /> charged on account of discoveries; <br /> (b) All penalties, interest and cost collected by him <br /> in connection with taxes for the current year. <br /> RECOMMENDATION: The Manager recommends the Settlement be accepted <br /> as reported and entered into the minutes . <br />