Harnett County, North Carolina
Analysis of Current Tax Levy
Countywide Levy - General Fund
June 30, 2001              Total Levy
Property
excluding
    County-wide Registered Registered
Property  Total  Motor Motor
Valuation Rate Levy Vehicles   Vehicles
Original levy:
   Property taxed at current year's rate  $3,282,185,616  $   0.73  $         23,959,955  $  21,324,488  $ 2,635,467
   Motor vehicles taxed at prior year's rate 204,951,507       0.73 1,496,146 --- 1,496,146
   Penalties ---       1.00 14,799 14,799   ---
        Total 3,487,137,123 25,470,900 21,339,287 4,131,613
Discoveries:    
  Current year taxes 46,258,082       0.73 337,684 219,776 117,908
  Prior year taxes 25,199,315       0.73 183,955 115,347 68,608
  Penalties ---       1.00 27,989 27,989 ---
        Total 71,457,397 549,628 363,112 186,516
Abatements (65,888,219) 0.73 (480,984) (188,246) (292,738)
   Total property valuation  $3,492,706,301
 
Net levy 25,539,544 21,514,153 4,025,391
Uncollected taxes at June 30, 2001 (1,960,863) (1,106,835) (854,028)
Current year's taxes collected  $         23,578,681  $  20,407,318  $ 3,171,363
Current levy collection percentage 92.32% 94.86% 78.78%
(1) Variation of rate resulted from discoveries for prior years' taxes when rate in effect differs.