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5 <br />Finance Officer. At or before 1:OOPM of the work day following <br />the collection deposit date the County Finance Office will cause <br />each governmental unit's share of that day's deposits to be <br />transferred to an account as designated by the Finance Off cer of <br />each Town.. The share of each unit shall be determined by a <br />computer distribution of all payments, Daily transfer information <br />will be provided to Carrboro, Chapel Hill, and Hillsborough by <br />telephone call from the County Finance Office at or before 12:00 <br />PM on the date of transfer. The County Finance Officer will <br />provide monthly reports with detailed payment and distribution <br />information to the Finance Officer of each governmental unit. <br />Additionally, monthly reports will be provided which include a <br />listing of any changes to the levy such as discoveries and taxes <br />released, refunded, compromised, or in any way affected by <br />actions of the County Board of Commissioners, Tax Collector or <br />Assessor. <br />The County's annual audit will include an audit of the tax <br />collection system , Upon completion of such audit the County will <br />provide each Town with a separate report containing the Town's <br />tax levy and collection information to include the auditor's <br />opinion.. Any special audit requests shall be directed to the County <br />Finance Officer and shall be paid for by the requesting unit <br />through a supplemental billing directed by the County to the <br />requesting unit. <br />The County will bill each Town quarterly for its services in the <br />operation of the,joint tax collections system.. This quarterly billing <br />for each town will be computed at a rate of 5/10 (one half) of 1 <br />of the total taxes collected for each respective Town. Tax <br />collections will be based on the monthly tax levy and collection <br />