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<br /> Slide#5
<br /> Fiscal Year Numerical
<br /> Collections Data Valid
<br /> Charge Through This
<br /> °a`� Analysis
<br /> LFl..;.l;eY,..,
<br /> urrnt Pro ert Tax Collection-Tax Effective Date of Repo as of September 30,2025 Collections
<br /> Amen chargeal. Amoun[gudgeted %argnagettion ar 2026 FY Z526 Amount Collettetl Axounte Re<elvable nFY 25 Zfi Remaining Budget Collected
<br /> and Personal %of Bud et
<br /> C urrent Ye ar Taxes 5 199,528253,00 34,176,190.72 168.130624.43 199,528253.00 5 165.352062.28 17.n% g
<br /> Real and Personal Pd.r Collected as
<br /> rear ra.e: 5 4.098.324.06 5 3]0,1]2.86 2.2]6,456.06 5 1.zss a6e.ao 5 91T 895.14 23.74% Of Report
<br /> total $ 203,626,sT/.06 S 34,546,363.58 $ IJ0,38J,080.49 $ 200,816,3z1.00 $ 166,269,957.42 11.20% Date
<br /> Regi s[e red Motor
<br /> —hi— t714
<br /> Prior Fiscal achageai ¢.dgetea %orgaageYearYm YearZD2A mu FY 2425 Amoun[ Aaoon[s ReceivableA InFY24Z5 nemalnln¢¢ud¢e Colleced
<br /> Collectons $ 185.86460.5.00 ,1 15LJ53,483.24Real aaa Personal Pdor 5 4.2P.sJ9.86 $ 2 2,363,608.05 $ 2,220,412.09 5 Y9J3,390.91 11.13%ar Total $ 190,092,224.86 $ $ $ 166,085,066.04 1).Y4%
<br /> Registered Motor
<br /> V eM1ICIe Taxes $4,11J,168.93 $2,6a5.19 $ 13,JJ6,986.00 $ 9,s68,8]B.oJ 29.89%
<br /> 20Zs Curren[Year Cry 11 Collection Perczntage-Real&Pets nal 16.89%
<br /> Represents 2mscar 1 Yearoeeran cone�rion Pge-,.tu,g giaerea
<br /> Levy Mttor Vehldes 1R.61%
<br /> Collection 2 Curwn[Year Overall Cellettlon Porten a-Reala Personal 17.81%
<br /> Percentages 2(VA Cumen[Year Overall Collection Pemen[age-vdtlr Registered
<br /> rvehiaes 1960% �
<br /> Comparisons
<br /> with Prior ORANGE COUNTY
<br /> Year NORTH CAROLINA
<br /> Chair Bedford asked if tax year 2025 is different than the fiscal year.
<br /> Nancy Freeman said it is the current year that they are collecting for, and penalties will be
<br /> due after December 31St. She said it is what is funding the current fiscal year, 2025-26. She said
<br /> they are showing a comparison of what the Tax department was doing in the previous year.
<br /> Chair Bedford said that the figure of $203,626,577 in slide #5 is the property taxes that
<br /> the bills went out for.
<br /> Nancy Freeman said that's the current year that the bills went out for, plus delinquent
<br /> taxes that are charged from previous years. She said that the effective date is at the top of the
<br /> chart, and they are showing how well they are doing compared to the previous year.
<br /> Chair Bedford said that when they get the report in June, they would want to see that
<br /> figure in the 90s.
<br /> Nancy Freeman said they also compare to how well they are doing collecting based
<br /> against the entire levy.
<br /> Chair Bedford asked if motor vehicle collections are a month behind.
<br /> Nancy Freeman said they are usually a little behind.
<br /> Chair Bedford asked if this is information is required to be given to the Board.
<br /> Nancy Freeman said yes.
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