Statewide Vehicle Tax System
A Cutting Edge Solution
How FARRAGUT's Innovative Platform Boosted NC's Revenue by $700 Million
At FARRAGUT, we pride ourselves on providing cutting-edge vehicle tax solutions that address real-world challenges. Our Tax & Tag Together platform for North Carolina, designed to integrate vehicle property taxes with annual vehicle registration fees, has revolutionized the way North Carolina handles vehicle tax collection.
We spoke with Travis Isaacs, a property valuation specialist with the North Carolina Department of Revenue, to learn more about the significant impact of our custom solution. Watch the video below ›
Proven, Custom Solutions for the Real World
Our technology-driven vehicle property tax solutions are designed to tackle complex problems with proven, practical applications.
“The collection percentage was very low, around 85%. Now, using the integrated system tied to registration, it has increased the collection percentage greatly.”
– Travis Isaacs
This integration has resulted in an impressive $700 million revenue increase for North Carolina counties.
Empowering Collaborative Partnerships
At FARRAGUT, we believe in listening intensely to our customers and working closely with them to develop empowering, collaborative partnerships. Our approach is proactive, bringing new ideas to the table to solve our clients’ problems.
“They were invested. When they do something, they’re going to give it all they have. The partnership they were willing to bring to the table and the support they showed right off the bat was second to none.”
Our dedication to client success is evident in the resources and support we provided throughout the project: “They [even set up an office within their headquarters and] provided us computers, office space, whatever we needed to make this a success. It was better to work together.”
Expert Team Synergy
Our team at FARRAGUT brings together experts with diverse strengths and experiences to develop the right solutions for our clients. This synergy ensures seamless integration of technology and industry expertise.
“Farragut vetted their system very well before they handed it over to us and then let us vet it. It was already working properly.”
“If it wasn’t for them, I don’t think the project would have been such a success. They put the people in the right places to make it happen.”
Exceptional Results: Transforming Efficiency and Increasing Revenue
The results of our Statewide Vehicle Tax System speak for themselves, with North Carolina’s vehicle tax revenue growing from $500 million to $1.2 billion statewide in the past ten years. The implementation of FARRAGUT’s Tax & Tag Together platform has not only increased North Carolina’s vehicle tax revenue by $700 million, but also enhanced the efficiency and ability of counties to serve their citizens.
“It's been a great return on investment, and it also came in way under budget. So sending that money back to those 100 counties was a tremendous amount. There's no doubt that the [implementation] of this application increased the counties' revenues, their efficiency, and their ability to serve their citizens." - Travis Isaacs
The North Carolina vehicle tax system success story underscores our commitment to innovation, client satisfaction, and excellence in every project we undertake. Stay tuned for more insights and success stories from FARRAGUT, where we turn challenges into opportunities with our innovative solutions.
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