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HomeMy WebLinkAboutAgenda - 11-05-2009 - 4cORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: November 5, 2009 Action Agenda Item No. ~- ~, SUBJECT: Property Tax Releases DEPARTMENT: Assessor's Office PUBLIC HEARING: (Y/N) No ATTACHMENT(S): Resolution Spreadsheet INFORMATION CONTACT: John Smith, 245-2101 PURPOSE: To consider adoption of a resolution to release property values related to five (5) requests for property tax release. BACKGROUND: The Assessor's Office is requesting approval to release property values related to eight (8) requests for property tax release. (see explanations on attached spreadsheet). North Carolina General Statute 105-381(b), "Action of Governing Body" provides "upon receiving a taxpayer's written statement of defense and request for release or refund, the governing body of the Taxing Unit shall within 90 days after receipt of such a request determine whether the taxpayer has a valid defense to the tax imposed or any part thereof and shall either release or refund that portion of the amount that is determined to be in excess of the correct liability or notify the taxpayer in writing that no release or refund will be made". North Carolina law allows the Board to approve property tax releases for the current and four previous fiscal years. FINANCIAL IMPACT: Approval of these changes will result in a net reduction in revenue of $54,259.38 to the County, municipalities, and special districts for FY 2009/2010. The approval of these releases will bring the total net reduction for the FY 2009/2010 to $69,639.78. The Tax Assessor recognized that releases and Property Tax Commission decisions could impact the budget and accounted for these in the annual budget projections. RECOMMENDATION(S): The Manager recommends the Board approve the attached resolution approving five (5) property tax release requests in accordance with N.C. General Statute 105-381. NORTH CAROLINA rl ~ ~ I ~ ~~~ ~ O ORANGE COUNTY RELEASE RESOLUTION (Approval) Whereas, North Carolina General Statutes 105-381 and/or 330.2(B) allows for the release of taxes when the Board of County Commissioners determines that a taxpayer applying for the release has a valid defense to the tax imposed; and Whereas, the properties listed in each of the attached "Request for Property Tax Release" has been taxed and the tax has not been collected: and Whereas, as to each of the properties listed in the Request for Property Tax Release, the taxpayer has timely applied in writing for a release of the tax imposed and has presented a valid defense to the tax imposed as indicated on the Request for Property Tax Release. NOW, THEREFORE, IT IS RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF ORANGE COUNTY THAT the recommended property tax release(s) are approved. Upon motion duly made and seconded, the foregoing resolution was passed by the following votes: Ayes: Commissioners Noes: I, Donna Baker, Clerk to the Board of Commissioners for the County of Orange, North Carolina, DO HEREBY CERTIFY that the foregoing has been carefully copied from the recorded minutes of the Board of Commissioners for said County at a regular meeting of said Board held on said record having been made in the Minute Book of the minutes of said Board, and is a true copy of so much of said proceedings of said Board as relates in any way to the passage of the resolution described in said proceedings. WITNESS my hand and the corporate seal of said County, this day of 2009. Clerk to the Board of Commissioners RELEASE (GS 105-381) November 5, 2009 (Taxable) Value Rate Financial Property Name Map Ref Tract # Old Value New Value Difference Code Impact Description Reason for Adjustment William Pearson 4.34.6.1 401785 42,540 41,140 -1,400 23 -2,069.00 Misc Bldgs Release is for 2009 Illegal Tax Miscelaneous buildings were billed in error to the land owner and should have been billed to leasehold owner. Mertis Hammond Acct 262963 467642 35,239 0 -35,239 00 -321.24 Leasehold Release is for 2009 Illegal Tax Doublewide mobile home was moved prior to January 1, 2009. Expressions Acct 271086 11,920 0 -11,920 22 -183.61 Business Release if for 2009 Clerical Error Business was sold prior to January 1, 2009 Treehouse Editing Acct 190983 94,611 94,611 0 00 -86.25 Business Release is for 2009 Clerical Error Release late list penalty for 2009. Request for extension on file. Rambus Inc. Acct 310358 4,111,686 761,954 -3,349,732 22 -51,599.28 Business Release is for 2009 Clerical Error Property was listed incorrectly. Appeal was timely. -3,398,291 -54,259.38 w