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HomeMy WebLinkAboutAgenda - 04-05-2011 - 7bORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: April 5, 2011 Action Agenda Item No. SUBJECT: Public Hearing to Consider Proposed Uses of Possible Funds from a November 8, 2011 Special Advisory Referendum Concerning the Levy of a One-Quarter Cent (1/4¢) County Sales and Use Tax DEPARTMENT: Manager & Financial Services PUBLIC HEARING: ~Y~N~ Yes ATTACHMENT(S): Attachment 1: Draft Resolution Regarding Uses of Potential Revenues from a One-Quarter Cent (1/4¢) County Sales and Use Tax (For Information Only) Attachment 2: North Carolina General Statute -Article 46 Gne- QuarterCent County Sales and Use Tax INFORMATION CONTACT: Frank Clifton, County Manager, 245-2300 Clarence Grier, Financial Services, X919} 245-2453 Michael Talberfi, Financial Services, X919} 245-2153 PURPOSE: To hold a public hearing on potential uses for a Gne-Quarter Cent X114¢} County additional Sales and Use Tax. BACKGROUND: Local governments in North Carolina have historically relied heavily upon ad valorem property taxes as their major source of revenue. For a number of years, the Grange County Board of County Commissioners, the North Carolina Association of County Commissioners and many other local governing boards across the state lobbied the North Carolina General Assembly for legislative authority to expand counties' revenue options, thereby lessening counties' reliance on property taxes. During the 200?' legislative session, the North Carolina General Assembly granted county boards of commissioners the authority to levy, subject to voter approval, an additional one- quarter cent X114¢} county sales and use tax referred to as the Article 46 sales and use tax. As authorized by the General Assembly, the Article 46 sales tax cannot apply to consumer food purchases. There is also no legislative requirement, or mechanism, for counties to share the additional one-quarter cent sales tax with municipalities, Between November 7, 2007 and December 31, 2010, 77 referendums on the quarter-cent sales tax have been held in 53 counties, Gf those 71,18 were approved and 59 failed. This year one 2 referendum has been held to date and the quarter-cent sales tax was approved in Halifax County an February 1, 2011. There are two referendums scheduled for the remainder of 2011 Cabarrus County is scheduled for May 17, 2011 and Buncombe County is scheduled for November 8, 2011. A Special Advisory Referendum Concerning the Levy of a Gne-Quarter Cent X114¢} County Sales and Use Tax was held in Grange County on November 2, 2010. The election results were 20,896 votes cast FGR and 21,953 votes AGAINST an additional one-quarter cent X114¢} county sales and use tax. The first possible date the Board can consider for a Special Advisory Referendum Concerning the Levy of a Gne-Quarter Cent X114¢} County Sales and Use Tax referendum, is November 8, 2011. North Carolina General Statutes 105-465 states that "The county board of elections shall fix the date of the special election, except that the special election shall nvt be held on the date or within 60 days of any biennial election of county officers, nor within one year from the date from the date last preceding special election under the section." Although a public hearing is not required by the North Carolina General Statutes, the Board held a public hearing on March 15, 2011 to solicit comments from the public on a possible November 8, 2011 Special Advisory Referendum Concerning the Levy of a Gne-Quarter cent X114¢} County Sales and Use Tax. After the public hearing, the Board discussed the potential referendum and directed staff to place a Resolution Calling for a Special Advisory Referendum Concerning the Levy of a Gne-Quarter cent X114¢} County Sales and Use Tax on the April 5, 2011 meeting. The Board considered that resolution earlier during tonight's meeting. The Board also directed staff, at the March 15t" meeting, to schedule a public hearin at the g April 5, 2011 meeting on the possible uses for the potential proceeds from the additional sales tax if approved by voters. liver the past few months the Board has discussed both Education and Economic Development as having a high priority when considering potential uses for revenues generated from the One-Quarter cent X114¢} Gounty Sales and Use Tax. A longterm commitment of ten years has also been discussed. Pending approval afthe referendum resolution concerning the Levy ofaone-Quarter Cent X114} County Sales and Use Tax, the .Board may also want to consider discussing any public education efforks to ensure voters are knowledgeable regarding the ballot question. The North Carolina Association of County Commissioners recommends that counties undertake a public education campaign to educate voters, The County did undertake a public education effort for the previous November 2010 sales tax referendum, It is proposed that a potential public education effort be considered for discussion at the April 7 Board work session and Board action as appropriate be considered atthe April 19, 2011 regular meeting. If a majority of voters approve the sales tax referendum, the Board will be required to give ten X10} days public notice of the Board's intent to levy the tax. The Board would then hold a required public hearing and consider a new resolution to actually levy the tax, The Board must adopt that additional resolution in order for the tax to take effect. Based on election certification timeframes, the Board of Gommissioners' regular meeting schedule, and timing and other requirements associated with the North Carolina Department of Revenue and North Carolina General Statute 105-466, the earliest date the additional sales tax could become effective following a Novernber8, 2411 referendum would be April 1, 2012. FINANCIAL IMPACT: There is no financial impact associated with holding a public hearing on potential uses for aOne-Quarter Cent (1/4¢) County Sales and Use Tax. If a majority of voters approve the sales tax, and the Board of Commissioners implements the sales flax as soon after the November 8, 2011 referendum as possible, it could have an effective date of April 1, 2012. Approximately $025,000 would be generated during the remainderllast quarter of FY 2011-12. As an additional revenue source in the following years, the sales and use tax would generate approximately $2,500,400 annually for the County. RECOMMENDATION(S): The Manager recommends the Board: 1) Hold the public hearing on potential uses for funds from aOne-Quarter Cent (1/4¢) County additional Sales and Use Tax; 2} Review and discuss proposed uses of the potential sales tax revenues; 3} Provide any direction to staff in preparation for the Board's further discussion of potential uses for funds at the Board's April 7~~ work session; and 4} Provide direction to staff on next steps in preparation for Board discussion at the April ?'~~ work session on any public education efforts to ensure voters are knowledgeable regarding the ballot question. RES- ao[1- p33 ForlnformaBon Only DRAFT q-µ~.c.hme~n-{- 1 ORANGE COUNTY BOARD OF COMMISSIONERS A Resolution Regarding Uses of Potential Revenues from aOne-Quarter Cent (1/4¢) County Sales and Use Tax WHEREAS, there are significant pressing infrastructure, economic development, school, and other County capital needs that are precipitated by growth pressures and the new economic reality facing Crange County; and WHEREAS, it is important to provide Crange County taxpayers with alternatives to the pressure to raise property taxes to address these and other County needs; and WHEREAS, the levy of a Article 46 one~quarter cent X114¢} County sales and use tax would provide a new County revenue source and would generate approximately $2,546,6ga annually for the County; and WHEREAS, it is important for orange County to plan for future economic development that will enable the County to recruit, retain, grow, and generate businesses and jobs that .are desirable; and WHEREAS, it is important that Crange County expand collaboration and cooperation of economic development efforts and decisions between Crange County and the towns of Chapel Hill, Carrboro and Hillsborough and the cities of Mebane and Durham; and WHEREAS, it is important for Orange County to meet public school needs; and WHEREAS, the Board of Commissioners establishes a 1 b year commitment to allocate Article 46 one-quarter cent (1/4¢) County sales and use tax proceeds as follows: a, 50°/0 of the funding will be allocated in an equitable manner between the County's two school systems far the dedicated purpose of facility improvements at `older' schools within all of Crange County and the procurement of technology. Each school system will establish a list of prioritized needs for older schools within the County. Funding provided by the passage. of the referendum will be allocated to those prioritized projects. Progress gill be evaluated annually and adjustments made according to needs agreed upon by the School Boards and Board of County Commissioners; b. 50°/a of the funding will be allocated to fund infrastructure improvements needed far economic development initiatives that recruit new businesses, expand existing businesses, provides funding for small business loans to grow businesses in Crange County; 4 WHEREAS, if additional funding does not come from the one-quarter cent X114¢} County sales and use tax, the property tax will be the primary funding source available for schools and economic development initiatives; For Information Only D 1~/1FT WHEREAS, to distinguish and separate the revenues produced by this ~/ cent sales tax if approved by Orange County voters, a Special Revenue Fund will be established to receive and account for the sales tax revenue. These funds will remain separate from the county's genera[ fund to allow for more accurate tracking of revenues and expenditures in accordance with initial five year allocation plan established as part of this resolution; NOW, THEREFORE, BE 1T RESOLVED THAT the Orange County Board of Commissioners hereby states its intent to use the revenues from the Article 46 one-quarter cent ~114~} County sales and use tax, if approved by the voters of Orange County, for currently unfunded or underfunded economic development and public school capital needs far a period of ten years, with a scheduled implementation date of April 1, 2012. BE IT FURTHER RESOLVED THAT proceeds from the one-quarter cent (1/4¢) County sales and use tax in later years will be used to address priorities as established by the Board of Commissioners in the County's Capital Investment Plan. This the day of , X011. Bernadette Pelissier, Chair Orange County Board of Commissioners ~-~~~- a 5 Article 46. One-Quarter Cent (1/4¢) County Sales and Use Tax. § 105-535. Short title. This Article is the One-Quarter Cent (1/4¢) County Sales and Use Tax Act. (2007-323, s. 31.17(b).) § 105-536. L~mrtatlons. . This Article applies only to counties that levy the first one-cent ~~ ¢} sales and use tax under Article 3 9 of this Chapter or under Chapter 1096 of the 1967 Session Laws, the first one-half cent X112¢} local sales and use tax under Article 40 of this Chapter, and the second one-half cent X112¢} local sales and use tax under Article 42 of this Chapter. X2007-323, s. 31.17~b}.} ~ 105-537. Levy. ~a} Authority. -~ ff the majority of those voting in a referendum held pursuant to this Article vote for the levy of the tax, the board of county commissioners may, by resolution and after 10 days' public notice, levy a local sales and use tax at a rate of one-quarter percent X0.25%}. fib} Vote. -The board of county cammissioners may direct the county board of elections to conduct an advisory referendum on the question of whether to levy a local sales and use tax in the county as provided in this Article. The election shall be held on a date jointly agreed upon by the board of county commissioners and the board of elections and shall be held in accordance with the procedures of G.S. 163-257. ~c} Ballet Question. -- The form of the question to be presented on a ballot for a special election concerning the levy of the tax authorized by this Article shall be: "~ ~ FGR ~ ~ AGAINST Local sales and use tax at the rate of one-quaver percent X0.25%} in addition to ail other State and local sales and use taxes." ~d} Limitation. - A tax levied under this Article may not be in effect in a county at the same time as a tax levied under Article 60 of this Chapter. X2007-323, s. 31.17~b},} ~ 105-535. AdmluistratYOn of taxes. Except as provided in this Article, the adoption, levy, collection, administration, and repeal of these additional taxes must be in accordance with Article 39 of this Chapter. G.S. 105-468.1 is an administrative provision that applies to this ,Article. A tax levied under, this Article does not apply to the sales price of food that is exempt from tax pursuant to G. S . 105-164.138 or to the sales price of a bundled transaction taxable pursuant to G.S. 105-467~a}~5a}. The Secretary shall not divide the. amount allocated to a county between the county and the municipalities within the county. X2007-323, s. 31.17~b}; 2007-345, s.14.5~a}; ZOOSw134, s. 75; 2009-445, s.1 S.}