Will Orange County go bankrupt again now?
Property tax due Thursday; collections $91 million behind
April 8th, 2008 · 25 Comments · posted by Jon Lansner/O.C. Register columnist
Attention property owners: Taxes due Thursday!
Apparently, the message isn't getting through. (Or folks have some financial problems.)
O.C. Tax Collector reports that through April 5, $3.3 billion has been collected in property taxes for the current fiscal year. That's 5.6% above a year ago. But here's the rub: The tax roll is up 8.2% this year. Thus, the county finds itself behind the pace with 72.5% off all 2007-2008 dollars due collected as of Saturday vs. 74.5% in the same period for the 2006-07 billing cycle. If taxpayers were paying property tax bills at last year's pace, in theory, the county would have collected at extra $91 million so far.
Look at it another way: There are 28,613 more tax accounts with bills still unpaid this year, up 7.4% from ‘06-'07.
"This isn't the crunch year," notes Tax Collector Chriss Street. "Next year will be really tough. I'm empathetic to these people in trouble."
How to pay the second tax installment before late charges accrue?
· In person at 12 Civic Center Plaza, Suite G58 in Santa Ana. (7:30 am - 6:00 pm on Thursday. Usually, until 4:45 pm.)
· By mail: Orange County Tax Collector, P.O. Box 1438, Santa Ana, CA 92702-1438 with Thursday or sooner postmark!
· By phone: 714-834-3411 until midnight Thursday.
• By Internet: http://www.ttc.ocgov.com/ until midnight Thursday.
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