HomeMy WebLinkAboutAgenda - 08-04-1993 - III-B 1
O R A N G E C O U N T Y
BOARD OF COMMISSIONERS
ACTION AGENDA ITEM ABSTRACT
Meeting Date: Aug . 4, 1993
Action Agenda Item
# mil-3
SUBJECT: 1992-93 Annual Settlement
DEPARTMENT: Revenue PUBLIC HEARING: Yes X No
ATTACHMENT(S) : INFORMATION CONTACT:
JOHN T. HORNER: EXTENSION 2727
Report of Annual Tax Settlement
TELEPHONE NUMBERS:
Hillsborough - 732-8181
Durham - 688-7331
Mebane - 227-2031
Chapel Hill - 967-9251/968-4501
PURPOSE: To receive the Tax Settlement on current and delinquent
taxes which gives the amount charged, the amount unpaid
and the amount collected for 1992 and prior.
BACKGROUND: Mandated by General Statutes 105-373 . 3
( 3 ) Settlement for current taxes : After July 1 and
before he is charged with taxes for the current year,
the Tax Collector shall make full settlement with the
governing body of the taxing unit for all taxes in his
hands for collection for the preceding fiscal year. In
the Settlement the Tax Collector shall be charged with:
(a) The total amount of all taxes in his hands for
collection for the full year, including amounts
originally charged to him and all amounts subsequently
charged on account of discoveries;
(b) All penalties, interest and cost collected by him
in connection with taxes for the current year.
RECOMMENDATION: The Manager recommends the Settlement be accepted
as reported and entered into the minutes .
REPORT OF TAXES COLLECTED
FOR YEAR ENDING JUNE 30 , 1993
2
98 Percent
ORANGE COUNTY
Levy for 1992 $ 37, 784, 915 , 55
1991 and prior $ 964, 885 . 57
Total interest charged $ 153,426 .87
Total $ 38 , 903 , 227 . 99
Levy collected for 1992 $ 36, 998 , 569. 72
1991 and prior $ 591, 865 . 03
Accounts receivable for 1992 $ 786 , 345 . 83
1991 and prior $ 373, 020.54
Total interest collected $ 153, 426 .87
Total $ 38 , 903, 227 . 99
**********************
TOWN OF CHAPEL HILL
Levy for 1992 $ 10, 850 , 477 .50
1991 and prior $ 246,780. 09
Total interest charged $ 33, 527 .15
Total $ 11 , 130, 784. 74
Levy collected for 1992 $ 10, 696, 793 . 72
1991 and prior $ 149, 782.67
Accounts receivable for 1992 $ 153, 683.78
1991 and prior $ 96 , 997 . 42
Total interest collected $ 33, 527 . 15
Total $ 11, 130, 784. 74
REPORT OF TAXES COLLECTED
FOR YEAR ENDING JUNE 30 , 1993 3
TOWN OF CARRBORO
Levy for 1992 $ 2 , 586 , 948 .12
1991 and prior $ 64 , 695 . 86
Total interest charged $ 10 , 011 . 80
Total $ 2, 661 , 655 . 78
Levy collected for 1992 $ 2 , 516, 314. 52
1991 and prior $ 28 , 105 . 46
Accounts receivable for 1992 $ 70 , 633 . 60
1991 and prior $ 36 , 590 . 40
Total interest collected $ 10, 011 . 80
Total $ 2, 661,655 . 78
**********************
TOWN OF HILLSBOROUGH
Levy for 1992 $ 753,174. 90
1991 and prior $ 25 , 260 .81
Total interest charged $ 4, 211 .72
Total $ 782 , 647 . 43
Levy collected for 1992 $ 732 , 778 . 95
1991 and prior $ 16 , 722 . 48
Accounts receivable for 1992 $ 20, 395 . 95
1991 and prior $ 8 , 538 . 33
Total interest collected $ 4, 211 . 72
Total $ 782, 647 . 43
OTHER REVENUE
4
CHAPEL HILL VEHICLE
Levy for 1992 $ 199,104. 25
1991 and prior $ 10 , 369 . 72
Total $ 209, 473 . 97
Levy collected for 1992 $ 192, 261 .87
1991 and prior $ 2 , 718 . 08
Accounts receivable for 1992 $ 6 , 842 . 38
1991 and prior $ 7 , 651 .64
Total $ 209, 473 . 97
CARRBORO VEHICLES
Levy for 1992 $ 64, 500 . 00
1991 and prior $ 5 , 013 . 64
Total $ 69, 513 . 64
Levy collected for 1992 $ 61, 060 .64
1991 and prior $ 1 , 557 . 03
Accounts receivable for 1992 $ 3 , 439 . 36
1991 and prior $ 3, 456 . 61
Total $ 69, 513 .64