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HomeMy WebLinkAboutAgenda - 03-11-1998 - 8ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: March 11, 1997 SUBJECT: Reimbursement of Sales Taxes Paid for School Construction Action Agenda Item No. ~ DEPARTMENT: Finance PUBLIC HEARING: (Y/N) No BUDGET AMENDMENT: (Y/N) No ATTACHMENT(S): INFORMATION CONTACT: Local Government Commission Memorandum Ken Chavious Ext. 2453 NCGS 153A-158.1 TELEPHONE NUMBERS: Hillsborough 732-8181 Chapel Hill 968-4501 Durham 688-7331 Mebane 227-2031 PURPOSE: To discuss the potential for the County to claim sales tax refunds on School Construction Projects. BACKGROUND: The Local Government Commission (LGC) issued a memorandum to Counties and Local Boards of Education in October 1997 covering issues related to the State School bond and sales taxes. According to the memorandum, the Attorney General has issued an opinion that Counties can claim refunds of sales taxes on school projects if certain conditions are in place. One of the major conditions is that the County have statutory authorization to acquire and own property for use by a School Administrative Unit (NCGS 153A-158.1). Orange County received this authorization in 1994. The County has received sales tax refunds on the McDougle Elementary School Project. The total amount of refunds requested for this project was $190,119. Of these request the amount actually approved by the Department of Revenue was $173,336. The County has been audited by the Department of Revenue on two occasions with the auditor's focus mainly on the McDougle construction project. These audits resulted in the differences between the amounts requested and actual receipts. It is important to note that the County's sales tax refunds for school projects occurred prior to the issuance of the Attorney General's opinion. The Department of Revenue initially questioned the County's ability to request the refund on school construction. After reviewing the documents establishing the relationships between the County and the School Board the and property ownership, the auditors concurred that the refund request was indeed appropriate. Approximately $126,000 of these sales tax refunds have been used in the McDougle project budget to assist in some of the one time start up costs. County staff will outline the highlights of the reimbursement provisions laid out by the LGC, and respond to questions the Boards may have. RECOMMENDATION(S): The Manager recommends that the Boards receive the reports and provide appropriate direction to the respective staffs regarding sales tax reimbursements for school construction.