FINANCIAL_SERVICESRECOMMENDED

Interlocal Tax Billing Agreement with Chatham County

The Town of Siler City is considering an interlocal agreement with Chatham County to continue providing ad valorem tax listing, assessment, billing, and collection services for town property and vehicle taxes. The agreement sets a phased collection fee structure starting at 0.5% in FY 2027 and capping at 1.5% from FY 2029 onward.

Status
RECOMMENDED
Document date
August 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Chatham County
Agency
City of Siler · NC

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Collection fee starting at 0.5% of taxes collected (FY 2027), rising to 1.0% (FY 2028), capped at 1.5% from FY 2029 onward
Contract type
FINANCIAL_SERVICES
Contract term
Beginning with FY 2027 (2026 tax bills); ongoing thereafter
Renewal
Ongoing interlocal arrangement with a phased fee schedule: 0.5% in FY 2027, 1.0% in FY 2028, and 1.5% from FY 2029 and thereafter; specific renewal or termination provisions are contained in the attached agreement.
Document type
AgendaPacket
Source document
Town of Siler City Board of Commissioners Regular Meeting Agenda Packet 2026-08-03

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Siler?

Chatham County was awarded this financial services contract by City of Siler, as recorded on August 3, 2026. The contract value is Collection fee starting at 0.5% of taxes collected (FY 2027), rising to 1.0% (FY 2028), capped at 1.5% from FY 2029 onward.

How much is the Chatham County contract with City of Siler worth?

The Chatham County contract with City of Siler is valued at Collection fee starting at 0.5% of taxes collected (FY 2027), rising to 1.0% (FY 2028), capped at 1.5% from FY 2029 onward, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Town of Siler City Board of Commissioners Regular Meeting Agenda Packet 2026-08-03 (AgendaPacket), dated August 3, 2026 from City of Siler. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Chatham County hold?

Chatham County may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Chatham County's profile

What is City of Siler currently buying?

Explore City of Siler's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Siler's profile

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