HomeMy WebLinkAboutAgenda- 12-11-2018 12-4 - Information Item - Memorandum - County Revenue Manual 1
ORANGE COUNTY
NORTH CAROLINA
FINANCE and ADMINISTRATIVE SERVICES
Gary Donaldson,CTP, Chief Financial Officer I gdonaldson@orangecountync.gov 1 200 S.Cameron Street, Hillsborough, NC 27278 1 91 9.245.2151
MEMORANDUM
To: Board of County Commissioners
From: Gary Donaldson, Chief Financial Officer
Date: December 11, 2018
Re: Information Item-County Revenue Manual
The County Revenue Manual which can be accessed at http://www.oran eg countync.gov/733/Guidelines-Policies was
produced to provide a reference for the major sources of County revenues. The manual format was organized to provide
revenue description, legal authorization,method of collection, authorized use,rate and collection frequency, exemptions,
restrictions, five-year revenue history, and discussion section.
The discussion narrative which follows each revenue page provides more detailed background and context of the revenue
type. The information in the discussion section expounds on revenue capacity and permissible uses. This provides the
reader with a broader perspective on enabling legislations and how each revenue source is used to meet service delivery
requirements.
The manual is organized by Taxes,Licenses and Permits,Intergovernmental Revenues, Charges for Services and
Investment Earnings. The five-year historical trends offer analysis and inference drawn from both legislative and
economic and financial market conditions.We will make updates to the manual following the completion of our annual
financial audit.
A special thanks to our Budget Division, County Departments, and UNC School of Government for their contributions to
this document.
cc: Bonnie Hammersley, County Manager
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