HomeMy WebLinkAboutAgenda - 06-17-2014-13 (2)Amount Charged in
FY 13 -14
137.868.792.00
Tax Year 2013
%of Budget
Current Year Taxes
$
*Current Year VTS Taxes
99.77%
Prior Year Taxes
$
Total
$
4,163, 721.00
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
� Cv - -nr -:
Amount Collected
133,485,333.65
4,636,707.48
1,727,887.20
139,849,928.33
Amount Collected
134,761,848.99
1,727,887.20
136,489,736.19
urrent Year Overall Collection Percentage Tax Year 2013
urrent Year Overall Collection Percentage Tax Year 2012
312 20141
Amount Budgeted in
Accounts Receivable* FY 13 -14
S 1.985.348.96 S 137.868.792.00
%of Budget
Remaining Budget Collected
(253,249.13) 100.18%
$ 2,294,745.19 1 $ 994,130.00 1 $ (733,757.20) 173.815o
$ 4,280,094.15 1 $ 138,862,922.00 1 $ (987,006.33)1 100.71%
Accounts Receivable
$ 2,767,206.89
$ 2,294,745.19
$ 5,061,952.08
98.54%
97.99%
Amount Budgeted in
FY 12 -13
$ 135,068,463.00
$ 994,130.00
$ 136,062,593.00
*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 may not change with each report.
Changed calculation for Remaining Budget to include subtracting the VTS Collections
%of Budget
Remaining Budget
Collected
$ 306,614.01
99.77%
$ (733,757.20)
173.81%
$ (427,143.19)
100.31%
*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 may not change with each report.
Changed calculation for Remaining Budget to include subtracting the VTS Collections