Orange County NC Website
Browse       Search
6 <br /> change in charge of collection will take place no earlier than July <br /> 1,2007. Notification of this change will be given by January <br /> 2007. The current formula in place will remain until such change <br /> is instituted. <br /> The Towns will remit payment to Orange County within 30 days <br /> of receipt of the bill from the County. To the extent that the annual <br /> financial tax audits reveal that actual year-end collections are <br /> different from calculated costs previously billed by the County, <br /> adjustments will be made either by refund or invoice for final <br /> payment no later than 45 days following the close of the fiscal year <br /> end. <br /> Additionally the Towns agree to a surcharge to be credited toward <br /> the purchase and yearly maintenance of a comprehensive software <br /> package to support and maintain the collection of revenues due. <br /> The surcharge will be determined by staff from all jurisdictions no <br /> later than November 30th of each year and approved by the <br /> manager of each jurisdiction for their levied surcharge. The <br /> surcharge will be a calculated based on agreed formula. <br /> VII. Collection of all delinquent taxes shall be the sole responsibility of <br /> the County. The County will use the same diligence and effort to <br /> collect taxes owed to the Towns as it does to collect taxes owed to <br /> the County. The County may elect to buy property at foreclosure <br /> on the basis of sound business considerations.Nothing in this <br /> section or agreement requires the County to purchase property at <br /> foreclosure or otherwise in situations where the market value of the <br /> property does not exceed the cost of extinguishing all liens on the <br /> property at the time of sale. <br /> VIR. Additionally, the County agrees under NCGS 153A-156 to handle <br /> the collection and auditing of all short term lease or rentals,known. <br />