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08/14/2008 <br /> Tax Collections Interlocal Agreement Work G90up <br /> Options for Recouping Cost to Collect Taxes Within Town Jurisdictions <br /> Current Practice County char es Towns 1/2 of 1%of collections Future Years Projections <br /> %of Total <br /> 2007 Collections Attributed to FY 2009-10 FY 2010-11 FY 2011-12 FY 2012-13 <br /> Each Entity <br /> Assumes annual increase in levy of 2.5%; <br /> 118,142,453 Assumptions RMV levy will revert to State July 1,2011 <br /> (2007 Collections"2.5%annual increase <br /> Of the total levy value,the following values are attributed to the individual jurisdictions: Calculation in levy)" 1/2 of 1% <br /> Town of Cha el Hill 28,093,124 25.2% $143,977 $147,489 $132,437 $154,512 <br /> Town of Carrboro 10,190,123 9.2% $52,224 $53,498 $51,121 $56,046 <br /> Town of Hillsborough 3,839,842 3.5% $19,679 $20,159 $19,267 $21,119 <br /> City of Mebane 1 0.0% <br /> Total Revenue to Orange County, $215,881 $221,146 $202,824 $231,677 <br />