Loading...
HomeMy WebLinkAboutAgenda - 04-06-2010 - 4e 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: April 8, 2010 Action Agenda Item No. SUBJECT: Application for Property Tax Exem tion/Exclusion DEPARTMENT: Tax Administration PUBLIC HEARING: (Y/N) No ATTACHMENTS): INFORMATION CONTACT: Exempt Status Resolution Jo Roberson, 245-2727 Spreadsheet Requests for Exemption/Exclusion PURPOSE: To consider one (1) untimely application 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. The applicant is 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. Eased on the information supplied in the applications and the above referenced general statutes, the applicants can be approved for 2009. The opinion of the Tax Administrator is the information provided to date satisfies the good cause requirement of NCGS 105-282.1(a)(5) and this property should be approved for exclusion. FINANCIAL IMPACT: The reduction in the County's tax base associated with approval of this exemption application will result in a reduction of FY 2009/2010 taxes due to the County, municipalities, and special districts in the amount of$702.38. RECOMMENDATION: The Manager recommends the Board approve the attached resolution for the above listed application for FY 2009/2010 exemption. 2 OQ D 0 0 !5 NORTH CAROLINA ORANGE COUNTY EXEMPTIONIEXCLUSION 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 are 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 Board of Commissioners for the County of Grange,North Carolina,DG 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 , 2010. Clerk to the Board of Commissioners Late Exemption/Exclusion NCCS 105-282.1(a1) April 6,2010 (Taxable) Value Rate Financial Property Name Map Ref Tract# old Value New Value Difference Code Impact Description Reason for Adjustment Sennie Pherribo 4.28.A.14F 404224 95,048 47,523 -47,523 23 -702.38 Residence Late homestead exclusion is for 2009 Owner applied for late homestead exclusion after the regular listing period. w `�t�` is—,�lar5�`-.•' - .. .. ;r Z - j. S _- ..-...�..:,a...,.:.. , " T••.Ci" P.•.. a..�..:.. jN f.'._ :.3.-':• i�-'�`-ter;=::��-•• - in , s k F:;=• �y� rte:• :,"=y�"r $Wal, 10 J-1 •-...�:.nom.':';-�. i r.�:' ;;fix.. �• r: F"rrc . t ^y c_ f. ;'. _ ate f Td "W orn It May Concern_ f am applying for a late Homestead or ear on Tract# 0 because I Exemp�.on,f � _ .- � , 'Was not a-ware that-his exempt on was avaable to me. Just found out about the exemption. ' Y Signature . i -• How did you find out about this exe�.ption? H y , MEN Iffli