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HomeMy WebLinkAboutAgenda - 04-17-2012 - 7a REVISED 4/17/12 1 Abstract—See Bold on Pages 2 &3 Updated Attachments/Charts—Pages 5-7 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: April 17, 2012 Action Agenda Item No. �-q SUBJECT: Sales Tax Distribution Method for Fiscal 2012/2013 DEPARTMENT: Financial Services PUBLIC HEARING: (Y/N) No ATTACHMENT(S): INFORMATION CONTACT: Attachment 1. Property Tax Levies for Clarence Grier, (919) 245-2453 2011-2012 (Preliminary Michael Talbert, (919) 245-2308 Orange County Levies) Attachment 2. Orange County Sales Tax Distribution Options 2011- 2012 Attachment 3_ Property Tax Rate Impact by Local Government of Change in Sales Tax Distribution PURPOSE: To review Sales Tax Distribution Options and to consider options for the Orange County distribution of local option sales tax for fiscal year 2012/2013. BACKGROUND: The Board of County Commissioners was first granted the option of a 1 cent Local Government Sales and Use tax by the General Assembly in 1971. Article 39, which allows the County to levy the tax, also spells out two different options for the County to select for distribution of the funds between the County and municipalities. This distribution option not only applies to the original 1 cent sales and use tax, but to all local government sales and use tax levied in Orange County. The first option is to distribute the sales tax collected based on population. The formula takes the County's population and adds all individual municipal populations. The percent of each individual municipalities population divided by that grand total is used to allocate the sales tax revenue. This method has been used by Orange County for at least the last 20 years. The second option is to distribute the sales tax collected based on the Ad Valorem Property Tax Levied by each taxing unit of local government. Attachment 1 lists the 2011-2012 Property Tax Levies by taxing unit of local government furnished by the North Carolina Department of Revenue. Orange County is the taxing unit of local government for not only Orange County, but for all special tax districts located in Orange County. z The NC General Statutes give the Board of County Commissioners the option of changing distribution methods each year as outlined in General Statutes 105-472.b. below: "The board of county commissioners in each taxing county shall, by resolution adopted during the month of April of each year, determine which of the finro foregoing methods of distribution shall be in effect in the county during the next succeeding fiscal year. In order for the resolution to be effective, a certified copy of it must be delivered to the Secretary in Raleigh within 15 calendar days after its adoption. If the board fails to adopt a resolution choosing a method of distribution not then in effect in the county, or if a certified copy of the resolution is not timely delivered to the Secretary, the method of distribution then in effect in the county shall continue in effect for the following fiscal year. The method of distribution in effect on the first of July of each fiscal year shall apply to every distribution made during that fiscal year." Attachment 2 provides an estimate of sales tax revenues distributed within Orange County by municipality. Under option one, only the County and cities and towns receive sales tax revenue. Under option two, in addition to the County, cities & towns, all special tax districts also receive Sales tax revenues. Each year population figures used in this distribution method are based on the most recent annual estimates of population as certified to the Secretary of Revenue by the Office of State Budget. Attachment 2 shows an increase in population of 2,053 for Orange County while Carrboro, Durham, and Hillsborough all show a decrease in population. This change increases the County's share of property tax distributed based on population from 61.46% in fiscal year 2010/2011 to 62.04% in fiscal year 2011/2012. The Board of Commissioners has finro different methods available to distribute sales tax revenue and each has distinct advantages and disadvantages to the County. There are no new revenues created. The two options are different methods to distribute existing sales tax revenues. CURRENT SITUTATION: Orange County has used the Population Method for the distribution of sales tax revenues for at least the last 20 years. If the Board wishes to change the method of distribution, the Board of County Commissioners shall adopt by resolution, during the month of April, the method of distribution of sales tax revenues that shall be in effect for the next fiscal year. If the Board fails to adopt a resolution changing the method of distribution, the method of distribution currently in effect shall continue for the following fiscal year. FINANCIAL IMPACT: Attachment 3 estimates the property tax rate impact on local governments of a change from a Population based distribution to the Property Tax Levy method. If the Board of County Commissioners were to adopt the Ad Valorem Property Tax Levy distribution option for local option sales tax, it would have a negative material impact on all cities and towns. The County and all special taxing districts would benefit from the change at the expense of the cities and towns with the exception of Durham. As of April 5, 2011 the County increase in revenues was estimated to be $874,082 if the County changed to the Ad Valorem Property Tax Levy distribution option for local option sales tax and as of April 17, 2012 the increase is $605,576. The decrease of $268,506 from fiscal year 2010/11 to fiscal year 2011/2012 is mainly due to changes in state certified population figures shown on Attachment 2. 3 Estimated amounts of revenues gained by the County & Special Taxing Districts: o Orange County $ 605,576 o Chapel Hill Carrboro City Schools $2,243,909 o All Fire Districts $ 463,584 o Chapel Hill Downtown Service District $ 27,424 o Durham $ 2,344 Estimated amounts of revenues lost by the Cities & Towns: o Carrboro $ 884,711 o Chapel Hill $2,235,750 o Hillsborough $ 147 299 , o Mebane $ 75,077 State law currently provides only finro options for the County to select. Some counties have successfully sought additional options that allow balance between the finro existing options. There are also counties that have agreements (Memoranda of Understanding) with their local municipalities that provide for a compromise position befinreen the finro existing options. If the County changed from the `Population' to the `Ad Valorem' option, it gains $717,977 and the towns give up $3,467,248. Using a cost sharing arrangement befinreen the towns to make the County whole based upon the percentage of sales taxes each town receives would provide the following impacts: Orange County $ 605,576 Increase Chapel Hill (66.41%) ($402,155) Decrease Carrboro (23.93%) ($144,890) Decrease Hillsborough ( 7.44%) ($ 45,040) Decrease Mebane ( 2.19%) ($ 13,270) Decrease Durham ( 0.04%) ($ 221) Decrease Certainly, no municipality desires a change from the current method selected by the County for sales tax distribution which would reduce their sales tax revenues. However, each municipality also remains at risk that the County might one day in the future select the other available option. Each year a future Board of County Commissioners will decide this issue within the authority granted by State law. There is an effort within the NC General Assembly (a NC Municipal League legislation goal) to put further limits on a County's ability to make this decision in the future. 4 RECOMMENDATION(S): The Manager recommends that the Board consider both options for the distribution of sales tax revenues and provide direction to staff for the distribution of local option sales tax for fiscal year 2013/2014. Growth management practices and a lack of utility infrastructure in the rural (non-municipal) areas of Orange County ensure that the `Population' method of sales tax distribution will always benefit the municipalities. As urban centers intensify density and sales tax revenues grow, the disparity between the finro formula options will increase. Orange11 April 4, 2012 Attachment 1 2011-12 AD VALOREM PROPERTY TAX LEVIES PRELIMINARY ORANGE COUNTY LEVIES School Special Total Percent of Levy Districts Districts Levy Total Levy [$1 I$l I�I Orange County 136,382,728 19,260,309 3,979,116 159,622,153 75.4874 Carrboro 11,611,958 0 0 11,611,958 5.4914 Chapel Hill: in Orange County 34,116,234 0 235,387 34,351,621 16.2453 Durham: In Orange County 49,416 0 0 49,416 .0234 Hilisborough 4,705,799 0 0 4,705,799 2.2254 Mebane: In Orange County 1,114,495 0 0 1,114,495 .5271 Total $187,980,630 $19,260,309 $4,214,503 $211,455,442 100.0000 Note: Figures shown are preliminary and subject to change. ' Final reports will be available July 2012. � Attachment 2 Option 1 - Based on Population Existing 2011/2012 Sales Tax Distribution Based on Population Population (1) Change FY2010/11 FY2011/12 Orange 132,272 134,325 2,053 62.03930% Carrboro 19,991 19,665 (326) 9.08247% Chapel Hill 54,431 54,582 151 25.20922% Durham 52 30 (22) 0.01386% Hiilsborouc 6,751 6,113 (638) 2.82335% Mebane 1,790 1,801 11 0.83181% 215,287 216,516 1,229 100.0000% Orange County Budget Estimated Total County& Municipal Distribution (1) Each year population figures used in this distribution method are based on the most recent annual estimates of population as certified by the Secretary of Revenue by the Office of State Budget Option 2 - Based on Ad Valorem Tax Levy Sales Tax Ad Valorem Estimated Increase Tax Levy 2011/2012 Percent Budget 2011/2012 (Decrease) Orange $ 136,382,728 64.4971% $ 15,889,176 $ 605,576 Carrboro CH Schools $ 19,260,309 9.1084% $ 2,243,909 $ 2,243,909 Fire Districts $ 3,979,116 1.8818% $ 463,584 Carrboro $ 11,611,958 5.4914% S 463,584 $ 1,352,843 $ (884,711) Chapel Hill $ 34,116,234 16.1340% $ 3,974,688 $(2,235,750) Chapel Hill Down Town $ 235,387 0.1113% $ 27,424 $ 27,424 Durham $ 49,416 0.0234% $ 5,757 $ 2,344 Hillsborough $ 4,705,799 2.2254°/a $ 548,246 $ (147,299) Mebane $ 1,114,495 0.5271% $ 129,843 $ (75,077) $ 211,455,442 $ 24,635,471 rn Attachment 3 Property Tax Impact by Local Government 2011/2012 of Change in 2011/2012 Property Tax Property Tax Rate Increase Adjusted Sales Tax Distribution Property Tax Revenue From (Decrease) Likely Property Tax Rate in Cents One Cent For Distribution Change Rate in Cents In Cents Orange County 85.80000 $ 1,535,967 (0.3943) 85.40574 Carrboro CH Schools 18.84000 $ 987,247 (2.2729) 16.56710 Fire Districts Cedar Grove 7.36000 $ 27,482 (0.6927) 6.66733 Chapel Hill 7.50000 $ 230 (0.9926) 6.50741 Damascus 5.00000 $ 9,147 (0.6386) 4.36143 Southern Triangle 5.00000 $ 33,355 (0.6372) 4.36281 Efland 4.66000 $ 66,140 (0.5653) 4.09470 Eno 5.99000 $ 72,658 (0.5784) 5.41162 Little River 4.06000 $ 41,426 (0.4908) 3.56923 New Hope 8.95000 $ 55,403 (0.7239) 8.22608 Orange Grove 4.08000 $ 75,569 (0.4327) 3.64731 Orange Rural 5.61000 $ 132,838 (0.6041) 5.00588 South Orange 7.85000 $ 54,288 (0.9782) 6.87182 White Cross 7.00000 $ 36,873 (0.6169) 6.38315 Carrboro 58.94000 $ 188,947 4.6820 63.62203 Chapel Hill 49.40000 $ 717,000 3.1181 52.51812 Chapel Hill Down Town 7.10000 $ 23,380 (1.1730) 5.92705 Durham 55.75000 $ 878 (2.6709) 53.07912 Hillsborough 62.00000 $ 73,475 2.0047 64.00471 Mebane 47.00000 $ 23,476 3.1980 50.19804 �