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HomeMy WebLinkAboutAgenda - 03-02-2010 - 4eORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: March 2, 2010 Action Agenda Item No. SUBJECT: Applications for Property Tax Exemption/Exclusion DEPARTMENT: Tax Administration PUBLIC HEARING: (YIN) No ATTACHMENT(S): INFORMATION CONTACT: Exempt Status Resolution Jo Roberson, 245-2727 Spreadsheet Requests for Exemption/Exclusion PURPOSE: To consider two (2) untimely applications for exemption/exclusion from ad valorem taxation for the 2009 tax year. BACKGROUND: North Carolina General Statutes (NCGS) require applications for exemption to be filed during the normal listing period, which is during the month of January. NCGS 105- 282.1(a)(5) does allow some discretion. Upon a showing of good cause by the applicant for failure to make a timely application, an application for exemption or exclusion filed after the close of the listing period may be approved by the Department of Revenue, the board of equalization and review, the board of county commissioners, or the governing body of a municipality, as appropriate. An untimely application for exemption or exclusion approved under this subdivision applies only to property taxes levied by the county or municipality in the calendar year in which the untimely application is filed. Both applicants are applying for homestead exclusion based on NCGS 105-277.1, which allows exclusion of the greater of twenty-five thousand dollars ($25,000) or fifty percent (50%) of the appraised value of the residence. Based on the information supplied in the applications and the above referenced general statutes, the applicants can be approved for 2009. It is the opinion of the Tax Administrator that the information provided to date satisfies the good cause requirement of NCGS 105-282.1(a)(5) and these properties should be approved for exclusion. FINANCIAL IMPACT: The reduction in the County's tax base associated with approval of these exemption applications will result in a reduction of FY 2009/2010 taxes due to the County, municipalities, and special districts in the amount of $2,770.96. RECOMMENDATION: The Manager recommends the Board approve the attached resolution for the above listed applications for FY 2009/2010 exemption. 2 ~~,s-a~~u-©ig NORTH CAROLINA ORANGE COUNTY EXEMPTION/EXCLUSION RESOLUTION Whereas, North Carolina General Statutes 105-282.1 empowers the Board of County Commissioners to approve applications for exemption after the close of the listing period, and Whereas, good cause has been shown as evidenced by the information packet provided, and Whereas, the Assessor has determined that the applicants could have been approved for 2009 had applications been timely. NOW, THEREFORE, IT IS RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF ORANGE COUNTY THAT the properties applying for exemption for 2009 aze so approved as exempt. Upon motion duly made and seconded, the foregoing resolution was passed by the following votes: Ayes: Commissioners Noes: I, Donna Baker, Clerk to the Boazd of Commissioners for the County of Orange, North Carolina, DO HEREBY CERTIFY that the foregoing has been cazefully copied from the recorded minutes of the Board of Commissioners for said County at a regulaz meeting of said Board held on said record having been made in the Minute Book of the minutes of said Boazd, and is a true copy of so much of said proceedings of said Boazd 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 Late Exemption/ Exclusion NCGS 105-282.1(a1) March 2, 2010 (Taxable) Value Rate Financial Property ,Name Map Ref Tract # Old Value New Value Difference Code Impact Description Reason for Adjustment ,Geoffrey L Waaler 7.37.6.9 706637 317,185 158,592 -158,593 22 -2,442.97 Residence Late homestead exclusion is for 2009 Owner applied for late homestead exclusion after the regular listing period. Theresa Russell 4.3..22A 436986 77,225 41,245 -35,980 00 -327.99 Residence Late homestead exclusion is for 2009 Owner applied for late homestead exclusion after the regular listing period. -194,5731 I -2,770.96 w ~~ ,. . Date /v7"~~~~~ To Whom It May Concern: I c5 ~~~}- ~~~ , am applying for a late Homestead, Exemption,for year ~d dd ~ on Tract # ~~~ G ~~ because I Was not aware that this exemption was available to me. ~. .Just found out about the exemption. Signature ~` How did you find ou,.,t about this exemption? ~f, ~' i ~ -,- -< 4 f y 5 Date To Whom It May Concern: I % Z, pYC~% SC/ ~i i.~ S S ~/ ~ , am applying for a late Homestead Was not aware that this exemption was available to me. Exemption for year ~ d ~ ~ on Tract # ~.~ (. q ~ (~ ~ because I Just found out about the exemption. Signature ~ .~, ~ How did you fmd out about this exemption? -,i i n.9 .~ ® nn 'f~ _.._ ..._.. Y~vi~l. ''t~, ~A ~a -Yj~~Y~ !'~~~ soon ~ ~ ~nr :`~:. • ~~~ ; - _~>~~ ~~ ~ 311 1 ~` . ~.,, -•