The attached schedule is this fiscal year's plan for the distribution of property tax collections to your agency.
Property tax apportionments are based on actual collections. However, the amount of each apportionment may be estimated by applying the percentages shown to the tax levies for your various funds. The percentages are estimates based on historical experience of tax collections and may differ from actual experience. The tax levy data will be posted to the Auditor-Controller’s website, http://ac.ocgov.com, as soon as it is available, which is estimated to be during the fourth week of September.
Collection charges, where appropriate, will be deducted from the following apportionments: Secured, Unsecured, Prior Year Secured, Prior Year Secured Penalties, Delinquent Prior Year Unsecured, Teeter Plan Secured, and State Assessed Unitary. The Property Tax Administration Charge (PTAC) will be recovered in the sixth secured apportionment.
Tax apportionment payments will be made by Electronic Fund Transfer (EFT) to those agencies that use a depository other than the County Treasury. Journal voucher transfers will be made by this office crediting the funds of those agencies that use the County Treasury as their depository.
Interest earned on property tax collections prior to apportionment, is allocated and distributed to all taxing agencies based on calculations made by the County Treasurer-Tax Collector. The distribution of interest earned is anticipated to be made in two installments.
The apportionments are planned for the scheduled dates per the attached schedule; however, unforeseen circumstances could cause a change in distribution dates. You will be notified if there is any change in the scheduled dates.
This schedule does not reflect any required distributions resulting from recently passed legislation ABX1 26 and ABX1 27.
You may contact Frank Davies at (714) 834-3015, or Arounsy Phommasa at (714) 834-3839, or Eliseo Gillamac at (714) 834-4437, if you have any questions regarding this schedule. Please remember that this property tax apportionment schedule, the apportionment remittance advices, and the year-to-date tax ledger are all available on our website.
Jan E. Grimes, CPA
Chief Deputy Auditor-Controller
Secured: All Funds (Teeter and non-Teeter)
Apport Number
Apport Date
Available Date
Apportionment Based On Collections as of:
Estimated % of Secured Levy
1
11-06-2012
11-08-2012
10-26-2012
7% - 10%
2
12-04-2012
12-06-2012
11-26-2012
5% - 10%
3
12-18-2012
12-20-2012
12-11-2012
30% - 35%
4
01-15-2013
01-17-2013
01-04-2013
1% - 5%
5
03-12-2013
03-14-2013
03-01-2013
5% - 7%
6
04-23-2013
04-25-2013
04-12-2013
30% - 35%
7
05-21-2013
05-23-2013
05-10-2013
1% - 5%
8
07-16-2013
07-18-2013
06-30-2013
1% - 2%
Teeter Apportionment: Teeter Funds only
Apport Number
Apport Date
Available Date
Apportionment Based On
Estimated % of Secured Levy
1
07-17-2013
07-19-2013
Delinquencies at Year-End
1% - 3%
Prior Year Secured Taxes and Prior Year Secured Penalties - non-Teeter Funds only
Apport Number
Apport Date
Available Date
Apportionments Based On Collections as of:
1
08-14-2012
08-16-2012
08-03-2012
2
09-11-2012
09-13-2012
09-04-2012
3
10-09-2012
10-11-2012
09-28-2012
4
11-06-2012
11-08-2012
10-26-2012
5
12-18-2012
12-20-2012
12-11-2012
6
01-15-2013
01-17-2013
01-04-2013
7
02-11-2013
02-13-2013
02-01-2013
8
03-12-2013
03-14-2013
03-01-2013
9
04-09-2013
04-11-2013
03-29-2013
10
05-07-2013
05-09-2013
04-26-2013
11
06-18-2013
06-20-2013
06-07-2013
12
07-17-2013
07-19-2013
06-30-2013
The following schedules apply to both Teeter and non-Teeter funds:
Unsecured
Apport Number
Apport Date
Available Date
Apportionment Based On Collections as of:
Estimated % of Tax Levy
1
09-11-2012
09-13-2012
09-04-2012
60% - 65%
2
01-15-2013
01-17-2013
01-04-2013
20% - 30%
3
06-25-2013
06-27-2013
06-14-2013
2% - 5%
State-Assessed—Public Utility, Regulated Railroads, and Qualified Property
Apport Number
Apport Date
Available Date
Apportionment Based On
Estimated % of Tax Levy
1
01-15-2013
01-17-2013
1st Installment Collections
49% - 50%
2
05-21-2013
05-23-2013
2nd Installment Collections
49% - 50%
Supplemental
Apport Number
Apport Date
Available Date
Apportionment Based On Collections as of:
1
08-14-2012
08-16-2012
08-03-2012
2
09-11-2012
09-13-2012
09-04-2012
3
10-09-2012
10-11-2012
09-28-2012
4
11-06-2012
11-08-2012
10-26-2012
5
12-18-2012
12-20-2012
12-11-2012
6
01-15-2013
01-17-2013
01-04-2013
7
02-11-2013
02-13-2013
02-01-2013
8
03-12-2013
03-14-2013
03-01-2013
9
04-09-2013
04-11-2013
03-29-2013
10
05-07-2013
05-09-2013
04-26-2013
11
06-18-2013
06-20-2013
06-07-2013
12
07-17-2013
07-19-2013
06-30-2013
Delinquent Prior Year Supplemental Taxes and Penalties
Apport Number
Apport Date
Available Date
Apportionment Based On Collections:
1
07-16-2013
07-18-2013
07-01-2012 through 06-30-2013
Delinquent Prior Year Unsecured
Apport Number
Apport Date
Available Date
Apportionment Based On Collections:
1
06-25-2013
06-27-2013
07-01-2012 through 06-14-2013
Homeowners Property Tax Relief
Apport Number
Apport Date
Available Date
Amount to be Apportioned
1
12-04-2012
12-06-2012
15%
2
01-08-2013
01-10-2013
35%
3
05-07-2013
05-09-2013
35%
4
06-04-2013
06-06-2013
15%
Educational Revenue Augmentation Tax Fund (ERAF)
Apport Number
Apport Date
Estimated Amount to be Apportioned
1
01-07-2013
Amt Req'd for 1st Triple Flip/VLF Swap/Cnty Equity Apprmts
2
05-06-2013
Amt Req'd for 2nd Triple Flip/VLF Swap/Cnty Equity Apprmts
3
06-27-2013
For Schools: Available Balance at 06-27-2012
4
07-18-2013
For Schools: Balance in Fund as of 07-12-2012
Sales and Use Tax Compensation - Triple Flip (Cities and County only)
Apport Number
Apport Date
Available Date
Estimated % to be Apportioned
1
01-08-2013
01-10-2013
50% plus Prior Year True-Up
2
05-07-2013
05-09-2013
50%
Property Tax In-Lieu of Vehicle License Fees-State VLF Swap (Cities and County only)
Apport Number
Apport Date
Available Date
Estimated % to be Apportioned
1
01-08-2013
01-10-2013
50%
2
05-07-2013
05-09-2013
50%
Interest on Unapportioned Tax Funds
Apport Number
Apport Date
Available Date
Based on Interest Earned
1
01-15-2013
01-17-2013
06-01-2012 through 11-30-2012
2
06-25-2013
06-27-2013
12-01-2012 through 05-31-2013
Pass-Through Payments
Apport Number
Apport Date
Available Date
Incremental Property Tax
1
12-27-2012
12-31-2012
05-01-2012 through 12-31-2012
2
05-29-2013
05-31-2013
01-01-2013 through 04-30-2013
Recognized Obligation Payment Schedules (ROPS) III and IV
Apport Number
Apport Date
Available Date
Based on DOF Approved ROPS for
1
01-02-2013
01-14-2013
01-02-2013 through 06-30-2013
2
06-03-2013
06-05-2013
07-01-2013 through 12-31-2013
Residual Balance Distributions
Apport Number
Apport Date
Available Date
Based on Residual Balance of RPTTF After Distributions for
