Orange County NC Website
Browse       Search
2 <br /> end of the fiscal year, to provide a partial settlement. It is the intent of the Machinery Act to create <br /> a direct relationship of responsibility and accountability between the Tax Collector and governing <br /> body. A full settlement for the full fiscal year will be provided after the end of the fiscal year, June <br /> 30, 2026, by the newly appointed Tax Collector. <br /> Two (2) partial year settlement reports for tax are included. <br /> • The first shows all taxes charged for collection for the 2025-2026 fiscal year. All uncollected <br /> taxes allowed as credits in a settlement are recharged to the Tax Collector. Per NCGS <br /> 105-373(3)(b), the Tax Collector is credited with (paraphrased): <br /> 1. All sums representing taxes collected and deposited; <br /> 2. Releases approved by the governing body; <br /> 3. The principal amount of taxes constituting liens on real property; <br /> 4. Discounts as allowed by law. <br /> • The second settlement report shows all prior years' taxes collected during this portion of <br /> the 2025-2026 fiscal year. NCGS 105-378 limits the Tax Collector's use of enforced <br /> collection remedies to ten years from the due date of the tax. As such, for Fiscal Year 2025- <br /> 2026, the Tax Collector was charged with collecting remaining taxes from the years 2015- <br /> 2024, in addition to current year 2025 taxes. <br /> FINANCIAL IMPACT: There is no financial impact associated with this updated item. <br /> ALIGNMENT WITH STRATEGIC PLAN: This item supports: <br /> • MISSION STATEMENT — Orange County is a visionary leader in providing governmental <br /> services valued by our community, beyond those required by law, in an equitable, <br /> sustainable, innovative and efficient way. <br /> • GUIDING PRINCIPLE — STEWARDSHIP AND ADVOCACY <br /> We make proactive data supported decisions and advocate to local, state and Federal <br /> governments in response to our community's needs in a way that best utilizes our <br /> resources. <br /> RECOMMENDATION(S): The Manager recommends that the Board: <br /> 1) Receive the updated Tax Collector's partial settlement for Fiscal Year 2025-2026 through <br /> March 31, 2026; and <br /> 2) Approve and authorize the Chair to sign the attached resolution for the accounting thereof. <br />