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HomeMy WebLinkAboutPolicy - Revenue - Approval of Reduce Reuse and Recycle (3R) Financial Assistance Program - 11-15-2007-4cORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: November ~5, ZOO? Action Agenda Item Nor ~ ~- ~ SUBJECT; Approval of Reduce, Reuse and Recycle ~3R} Financial Assistance Program Polio DEPARTMENT: Revenue PUBLIC HEARING: ~~YIN} No ATTACHMENT(S): INFORMATION CONTACT: Jo Roberson 24521 Z7 PURPOSE: To approve a revised 3R Waste Reduction, Recycle and Reuse} Assistance Program Policy to align the qualifications requirement with the new State Homestead Exemption income standards. - BACI~CGROUND; In fiscal year ZOO4-ZOOS, the Board of County Commissioners established orange County's 3R Program and accompanying fees. Recognizing that payment of the 3R Fee might be a financial burden for some taxpayers, Commissioners also agreed to establish an assistance program to aid those individuals in paying their 3R fee. Since many of the individuals who might need financial assistance were the same taxpayers who met requirements of Homestead Exem Lion le illation ANC General Statute ~ O5-Zll}, the Board agreed to allow p g the County's Tax Collector to use Chase same guidelines to qualify residents for 3R fee financial assistance. In order to qualify far Homestead Exemption .program in the current year, individuals must ~ } be 65 years of age or be totally and permanently disabled, ~2} have an adjusted gross income has defined by Internal Revenue Service} for preceding calendar Of $20,500 or less, and ~3} be a Noah Carolina resident. Since the inception of the 3R Assistance Program, the number of households taking advantage of this program has grown to over 3?5. The current amount of assistance being provided as of October 3 , 2007 was $Z3,8oO. During the August 3O, ZOO1 budget work session, staff updated the Board on 2001 General Assembly legislative actions. Included in that discussion was an update on the changes made to the Homestead Exemption Statute. Among those changes was an increase in the income level of qualifying taxpayers. Beginning with fiscal Zoos-2OO9, qualification for the Homestead Exemption gill be based on gross taxpayer income instead of adjusted gross income and the z income level will be no more than $5,444. Additional changes in the legislation, including provisions for the Circuit Breaker, take affect January 1, X449. Current practice allows for providing 3R financial assistance applications to all individuals requesting Homestead Exemption. This approach allows for uniformity in the application process and offers a "one stop shop" approach for those seeking assistance. Staff recommends that the current qualification practice be set forth in a formal policy that allows for the 3R financial assistance qualifications to mirror the I-lomestead Exemption qualifications with the exception. That exception would be that the 3R qualifications would be based on income limits without regard to age or disabilities. FINANClA~ IN[PACT: vllith continued education on the availability of this program, there is reasonable anticipation of continued financial growth. REGQ~IMENDATIQN~S}. The I'Vlanager recommends that the Board approve the change in the qualification requirement for the 3R Assistance larogram.