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Schedule 29
<br />Cabarrus County, North Carolina
<br />Schedule of Ad Valorem Taxes Receivable
<br />June 30, 2011
<br />Fiscal Year
<br />Uncollected
<br />Collections
<br />Uncollected
<br />Ended
<br />Balance
<br />and
<br />Balance
<br />June 30
<br />June 30, 2010
<br />Additions Credits
<br />June 30, 2011
<br />2011
<br />$ -
<br />$ 134,498,536 $ 130,734,404
<br />$ 3,764,132
<br />2010
<br />3,447,262
<br />- 2,296,722
<br />1,150,540
<br />2009
<br />788,377
<br />302,640
<br />485,737
<br />2008
<br />288,818
<br />32,844
<br />255,974
<br />2007
<br />248,681
<br />136,134
<br />112,547
<br />2006
<br />123,384
<br />16,624
<br />106,760
<br />2005
<br />82,331
<br />7,317
<br />75,014
<br />2004
<br />91,985
<br />4,271
<br />87,714
<br />2003
<br />166,866
<br />3,064
<br />163,802
<br />2002
<br />67,049
<br />1,924
<br />65,125
<br />2001
<br />51,751
<br />- 51,751
<br />-
<br />$ 5,356,504
<br />$ 134,498,536 $ 133,587,695
<br />$ 6,267,345
<br />Less: allowance for uncollectible accounts:
<br />General Fund
<br />Ad valorem taxes receivable - net:
<br />General Fund
<br />Reconcilement with revenues:
<br />Ad valorem taxes - General Fund
<br />Penalties collected on ad valorem taxes - Agency Fund
<br />Reconciling items:
<br />Taxes written off
<br />Abatements
<br />Collections of taxes over 10 years old
<br />Deferred Taxes
<br />Total reconciling items
<br />Total collections and credits
<br />(2,341,086)
<br />$ 3,926,259
<br />$ 132,939,278
<br />186.059
<br />170,805
<br />224,095
<br />(5,163)
<br />72,621
<br />462,358
<br />$ 133,587,695
<br />111 Attachment number 1
<br />1 -3 Page 239
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