Tax Department reports $53 million collected in property taxes year to date

The May Pre-Agenda Meeting for Burke County, North Carolina, held on May 5, 2025, focused on financial updates from the tax department, highlighting significant tax collection figures and adjustments.

During the meeting, Linda, a representative from the tax department, reported that the total amount collected in taxes year-to-date reached $53,891,554.38, representing a collection rate of 98.35%. The remaining balance to be collected stands at $901,624.62. Additionally, motor vehicle taxes collected amounted to $4,890,066.82, with a collection rate of 96.33% and a balance of $186,177.18 still outstanding.

The current year's total tax figure was noted as $58,731,006.21, with 98.18% collected, leaving a balance of $1,087,801.80. Delinquent taxes were reported at $510,445.17, with a collection rate of 72.92%, and a remaining balance of $189,554.83. Furthermore, penalty and interest collections exceeded expectations, totaling $358,830.32, which is 109.7% of the anticipated amount, resulting in a credit of $29,830.32.

The regular tax levy was also discussed, with $55,175,134.43 collected, reflecting a 97.67% collection rate and a balance of $1,283,580.05 still to be collected.

The meeting also included a report on the tax department's release refund report, which indicated a total report amount of $97,588.79, with a net release of $96,778.80 after adjustments. No refunds over $100 were noted.

No questions were raised regarding these financial updates, and both items were set to remain on the consent agenda for further consideration. The meeting underscored the county's ongoing efforts to manage tax collections effectively and maintain transparency in financial reporting.