HomeMy WebLinkAboutAgenda - 12-01-2014-13 (2)INFORMATION ITEM
Tax Collector's Report - Numerical Analysis
Effective Date of
Report: November16, 2014
Tax Year 2014
Amount Charged in
FY 14 -15
Amount Collected*
Accounts
Receivable **
Amount Budgeted in
FY 14 -15
Remaining Budget
% of Budget
Collected
Current Year Taxes
$ 135,734,649.00
37,818,827.80
$ 97,845,282.54
$ 135,734,649.00
$ 97,915,821.20
27.86%
Prior Year Taxes
$ 3,764,940.44
766,809.62
$ 2,971,801.39
$ 994,130.00
$ 227,320.38
77.13%
Total
$ 139,499,589.44
38,585,637.42
$ 100,817,083.93
$ 136,728,779.00
$ 98,143,141.58
28.22%
M
Tax Year 2013
Amount Charged in
FY 13 -14
Amount Collected
Accounts Receivable
Amount Budgeted in
FY 13 -14
Remaining Budget
% of Budget
Collected
Current Year Taxes
$ 130,682,492.00
61,955,521.00
$ 66,722,051.68
$ 130,682,492.00
$ 68,726,971.00
47.41%
Prior Year Taxes
$ 4,163,721.00
1,001,242.95
$ 3,137,114.92
$ 994,130.00
$ (7,112.95)
100.72%
Total
$ 134,846,213.00
62,956,763.95
$ 69,859,166.60
$ 131,676,622.00
$ 68,719,858.05
47.81%
Current Year Overall Collection Percentage Tax Year 2014
28.47%
Current Year Overall Collection Percentage Tax Year 2013
1 48.17%
*By this time in 2013 the Orange County Tax Office had received a very large payment from a mortgage processing company that increased the amount
collected drastically. As of the time of this report, the same company has not yet submitted this payment for 2014. This results in a drastic difference in the
Amount Collected year to date.
* *The Orange County Tax Office was able to bill all public utility companies much sooner this year than last year. This results in an increased Remaining
Budget, as the bills have been mailed but not yet paid.