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Annual Tax Settlement FY 2023-2024
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INFORMATION CONTACT:
Vann Harrell, Tax Administrator 704-283-3748; Kristen Foxworth Deputy Tax Administrator 704-283-3591
ACTION REQUESTED:
Approve the reports of 2023 delinquent taxpayers and annual settlement as requested.
PRIOR BOARD ACTIONS:
North Carolina General Statutes require Tax Collectors to make several reports to the governing body after the close of the fiscal year.
The first report is a list of real property taxpayers whose taxes are unpaid and for which the unpaid taxes are secured by a lien against their real property. The reports related to real property taxes is the advertising list often seen in the newspaper modified by the deletion of property owners who have paid their taxes between the advertising date and the date of the settlement report.
The second report is a list of those outstanding taxes that are not secured by liens against real property. These taxes are assessed against personal property owned by persons who owned no real property at the time the personal property was listed and are on file in the County Clerk’s Office.
The third report is the annual settlement. North Carolina General Statutes require the Tax Collector to make such a report after July 1st, but before the collector is charged with the collections of taxes for the current year. The form of the settlement reflects various charges (initial billing, discoveries, late listing, interest, etc.) and credits (sums deposited, releases, etc.) The charges and credits are required to balance. The Union County Finance Division independently confirms the accuracy of the report.
For the fiscal year ending June 28,2024, the unaudited overall collection rate on all County property taxes was 99.88%
BACKGROUND:
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FINANCIAL IMPACT:
None