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HomeMy WebLinkAboutAgenda - 02-02-2010 - 4eORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: February 2, 2010 Action Agenda Item No. SUBJECT: Property Tax Releases DEPARTMENT: Tax Administration PUBLIC HEARING: (Y/N) No ATTACHMENT(S): Resolution Spreadsheet INFORMATION CONTACT: Jo Roberson 245-2727 PURPOSE: To consider adoption of a resolution to release property values related to twenty- one (21) requests for property tax release. BACKGROUND: The Tax Administration Office is requesting approval to release property values related to twenty-one (21 } requests for property tax release. (see explanations on attached spreadsheet). 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 $7,068.31 to the County, municipalities, and special districts for FY 2009/2010. The approval of these releases will bring the total net reduction for the 200912010 fiscal year to $76,708.09. The Tax Assessor recognized that releases and Property Tax Commission decisions can impact the budget and accounted for these in the annual budget projections. RECOMMENDATION(S): The Manager recommends the Board approve the attached resolution approving these property tax release requests in accordance with N.C. General Statute 105-381. NORTH CAROLINA ' `~ ~ _ °~ ~~~ ^ ~~ 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 void 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 ~ 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 2010. Clerk to the Board of Commissioners RELEASE (GS 105-381) February 2, 2010 (Taxable) Value Rate Financial Property Name Map Ref Tract # Old Value New Value Difference Code Impact Description Reason for Adjustment Clearview Correspondent Acct 312096 417 0 -417 22 -6.56 Bus Personal Release is for 2009 Illegal Tax Taxpayer filed business personal property return in Orange, however, the property is in Durham County. Penske Truck Leasing Acct 37534 149,450 130,120 -19,330 03 -310.04 Bus Personal Release is for 2009 Clerical Error A request for filing extension received timely. Late list penalty applied in error. VFS Leas Residual Hold Acct 37529 1,233 0 -1,233 22 -19.37 Bus Personal Release is for 2009 Illegal Tax Property was disposed prior to 1/1/2009 Hill-Rom Co Inc Acct 37524 2,032 612 -1,420 21 -23.23 Bus Personal Release is for 2009 Clerical Error Incorrect year used to calculate depreciation. Hill-Rom Co Inc Acct 37521 1,773 534 -1,239 00 -16.16 Bus Personal Release is for 2009 Clerical Error Incorrect year used to calculate depreciation. Hill-Rom Co Inc Acct 37525 1,759 530 -1,229 23 -18.16 Bus Personal Release is for 2009 Clerical Error Incorrect year used to calculate depreciation. Hill-Rom Co Inc Acct 37523 6,814 2,114 -4,700 09 -43.13 Bus Personal Release is for 2009 Clerical Error Incorrect year used to calculate depreciation. Hill-Rom Co Inc Acct 37519 634 275 -359 13 -6.63 Bus Personal Release is for 2009 Clerical Error Incorrect year used to calculate depreciation. Hill-Rom Co Inc Acct 37518 623 270 -353 08 -5.71 Bus Personal Release is for 2009 Clerical Error Incorrect year used to calculate depreciation. Hill-Rom Co Inc Acct 37520 784 218 -566 10 -7.01 Bus Personal Release is for 2009 Clerical Error Incorrect year used to calculate depreciation. w Hill-Rom Co Inc Acct 37522 79,936 69,911 -10,025 22 -154.42 Bus Personal Release is for 2009 Clerical Error Incorrect year used to calculate depreciation. Harper Arts LLC Acct 37515 187,312 165,213 -22,019 17 -242.30 Bus Personal Release is for 2009 Clerical Error Property was keyed incorrectly. Backcourse Inc Acct 289241 176,000 104,490 -71,510 22 -1,101.54 Bus Personal Release is for 2009 Immaterial Irregularities NCGS 105-394(11) Depreciation was omitted from assessment Shoulder Inc Acct 37531 29,328 0 -29,328 22 -506.89 Bus Personal Release is for 2009 Illegal Tax Business closed prior to 1/1/2009. Jesse Kalisher Gallery Acct 37530 47,915 47,915 0 22 -75.28 Bus Personal Release is for 2009 Clerical Error A request for filing extension received timely. Late list penalty applied in error. US Bancorp Equip Finance Acct 37537 1,329,612 1,151,164 -178,448 22 -2,748.81 Bus Personal Release is for 2009 Illegal Tax Asset distribution per jurisdiction incorrectly listed. US Bancorp Equip Finance Acct37536 136,318 100,517 -35,801 21 -585.63 Bus Personal Release is for 2009 Illegal Tax Asset distribution per jurisdiction incorrectly listed. US Bancorp Equip Finance Acct 37535 56,112 35,828 -20,284 00 -184.92 Bus Personal Release is for 2009 Illegal Tax Asset distribution per jurisdiction incorrectly listed. Damir Hacic Acct 316673 1,220 0 -1,220 22 -20.58 Personal Pro Release is for 2009 Illegal Tax Unlicensed vehicle was sold prior to 1/1/2009 Donald Roberts Acct 316006 4,340 0 -4,340 00 -39.24 Personal Pro Release is for 2009 Illegal Tax Personal property was billed on 2 accounts in error. Orange Comminuty Hous. 7.24..197 770544 76,625 38,080 -38,545 22 -952.70 Residence Release is for 2009 Illegal Tax Verlia Amos Leasehold owner qualified in prior year for homestead exclusion but was not keyed for current year. -442,366 -7,068.31 cn