HomeMy WebLinkAboutAgenda - 12-02-2013-13 (2)Amount Charged in
Tax Year 2013 FY 13 -14
Current Year Taxes $ 137,868,792.00
*Current Year VTS Taxes
Prior Year Taxes $ 4,163,721.00
Total $ 142,032,513.00
Amount Charged in
Tax Year 2012 FY 12 -13
urrent Year Taxes $ 135,068,463.00
Prior Year Taxes $ 4,026,736.27
Total $ 139,095,199.27
INFORMATION ITEM
Tax Collector's Report - Numerical Analysis
� C � � � _ �
Amount Budgeted in
Amount Collected
64, 570, 716.39
402,790.83
1,001,242.95
65,974,750.17
Amount Collected
58,545,871.37
974,661.67
59,520,533.04
nt Year Overall Collection Percentage Tax Year 2013
nt Year Overall Collection Percentage Tax Year 2012
Accounts Receivable* FY 13 -14
$ 68,301,666.19 1 $ 137,868,792.00
of Budget
Remaining Budget Collected
$ 73,298,075.61 47.13%
$ 3,137,114.92 $ 994,130.00 1 $ (7,112.95) 100.725/o
$ 71,438,781.11 $ 138,862,922.00 1 $ 73,290,962.66 47.51%
48.72%
43.72%
*Effective with September 2013 vehicle registration renewals, the Orange County Tax Office will generally no longer bill and collect for registered motor
vehicles. This is in accordance with new State law, House Bill 1779. In an effort of full transparency, the tax office has modified its Collector's Report
format to include taxes billed and collected through the new Vehicle Tax System (VTS). Including this figure will show the Collector's progress toward
meeting the overall tax revenue budget. Note that reconciliation for these taxes is monthly, so this figure will not change with each report.
Amount Budgeted in
% of Budget
Accounts Receivable
FY 12 -13
Remaining Budget
Collected
$ 75,846,344.22
$
135,068,463.00
$ 76,522,591.63
43.35%
$ 2,756,957.11
$
994,130.00
$ 19,468.33
98.04%
$ 78,603,301.33
$
136,062,593.00
$ 76,542,059.96
43.74%
48.72%
43.72%
*Effective with September 2013 vehicle registration renewals, the Orange County Tax Office will generally no longer bill and collect for registered motor
vehicles. This is in accordance with new State law, House Bill 1779. In an effort of full transparency, the tax office has modified its Collector's Report
format to include taxes billed and collected through the new Vehicle Tax System (VTS). Including this figure will show the Collector's progress toward
meeting the overall tax revenue budget. Note that reconciliation for these taxes is monthly, so this figure will not change with each report.