HomeMy WebLinkAboutAgenda - 10-16-2012 - 8b 1
ORANGE COUNTY
BOARD OF COMMISSIONERS
ACTION AGENDA ITEM ABSTRACT
Meeting Date: October 16, 2012
Action Agenda
Item No. 8-b
SUBJECT: Tax Collector's Monthly Report
DEPARTMENT: Tax Administration PUBLIC HEARING: (Y/N) No
ATTACHMENT(S): INFORMATION CONTACT:
Spreadsheets Dwane Brinson, Tax Administrator,
(919) 245-2109
PURPOSE: To present a monthly report to the Board showing the amount collected on each
year's taxes charged during settlement, remaining uncollected, and steps being taken to collect
the uncollected amount.
BACKGROUND: North Carolina General Statute 105 — 350 contains a list of requirements
imposed on County Tax Collectors. One duty is to submit a report to the governing body at
each of its regular meetings showing the (1) amount collected on each year's taxes charged
during annual settlement, (2) amount remaining uncollected, and (3) steps being taken to
encourage or enforce payment of uncollected taxes. Tax Administration's report will transcend
basic statutory requirements as it will provide an updated current year collection percentage and
juxtapose last year's performance with the current year's through the same time period.
However, while timing of payments between July and January, especially from large taxpayers,
may raise concerns on the surface, the Orange County Tax Collector will research anomalies
and provide explanations as needed to the BOCC.
A foremost goal of this statutory duty is to provide transparency to the BOCC and public
regarding tax collection efforts, and to retain a firm grasp on the efficacy of budgeted property
tax revenues. The Orange County Tax Collector submits these reports in good faith, and final
reconciliation of tax collection numbers will be performed annually after fiscal year end in
preparation for settlement and audits.
FINANCIAL IMPACT: There is no financial impact associated with receiving this report.
RECOMMENDATION(S): The Manager recommends the Board receive the Tax Collector's
Monthly Report.
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Amount Charged in Amount Budgeted in %of Budget
Tax Year 2012 FY 12- 13 Amount Collected Balance FY 12-13 Remaining Budget Collected
Current Year Taxes $ 135,068,463.00 $ 13,405,936.56 $ 117,839,119.54 $ 135,068,463.00 $ 121,662,526.44 9.93%
Prior Year Taxes $ 4,026,736.27 $ 788,236.41 $ 2,983,855.86 $ 994,130.00 $ 205,893.59 79.29%
Total $ 139,095,199.27 $ 14,194,172.97 $ 120,822,975.40 $ 136,062,593.00 $ 121,868,420.03 10.43%
Amount Charged in Amount Budgeted in %of Budget
Tax Year 2011 FY 11- 12 Amount Collected Balance FY 12-13 Remaining Budget Collected
Current Year Taxes $ 131,785,329.00 $ 11,628,567.62 $ 118,561,548.26 $ 131,785,329.00 $ 120,156,761.38 8.82%
Prior Year Taxes $ 3,553,341.59 $ 589,173.82 $ 2,877,000.96 $ 843,846.00 $ 254,672.18 69.82%
Total $ 135,338,670.59 $ 12,217,741.44 $ 121,438,549.22 $ 132,629,175.00 $ 120,411,433.56 9.21%
Current Year Overall Collection Percentage Tax Year 2012 10.21%
Current Year Overall Collection Percentage Tax Year 2011 9.09%
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September YTD
Number of wage garnishments 51 182
Number of bank attachments 6 50
Number of certifications 3 3
Number of rent attachments - 2
Number of DMV blocks 6,475 14,411
Number of levies 40 40
Number of foreclosures initiated 3 12
Amount collected through NC Debt Setoff $ - $ 566.36