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County reports 99.39% collection rate for FY2026; Board approves tax‑collector settlement and bonds
Summary
Henderson County reported a FY2026 annual levy collection rate of 99.39% and approved the tax collector's settlement, bond levels for the Tax Collector ($1,000,000) and Deputy ($250,000), and the Order of Collection charging staff with FY2027 collection.
County staff presented statutory requirements for the Tax Collector's settlement under N.C.G.S. 105‑373 and reviewed the FY2026 collection metrics. The combined annual levy collection rate was 99.41% and the registered motor vehicle (RMV) collection rate was 99.75%. Finance staff highlighted that FY2026 ad valorem revenues exceeded the budget by roughly $5.4 million in year‑to‑date deposits.
After reviewing enforced collection activity and the statutory settlement package, the Board approved the tax collector's settlement, authorized the required bonds (Tax Collector bond $1,000,000; Deputy Tax Collector bond $250,000), and adopted the Order of Collection charging the Tax Collector with collection of FY2027 taxes and open delinquencies.
