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HomeMy WebLinkAboutAgenda - 04-23-2013 - 7dORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: April 23, 2013 Action Agenda Item No. 7 -d SUBJECT: Sales Tax Distribution Method for Fiscal Year 2013/2014 DEPARTMENT: Financial Services PUBLIC HEARING: (Y /N) No ATTACHMENT(S): Attachment 1. Property Tax Levies for 2012 -2013 (Preliminary Orange County Levies) Attachment 2. Orange County Sales Tax Distribution Options 2012- 2013 Attachment 3. Property Tax Rate Impact by Local Government of Change in Sales Tax Distribution INFORMATION CONTACT: Clarence Grier, (919) 245 -2453 PURPOSE: To review Sales Tax Distribution Options and to consider options for the Orange County distribution of local option sales tax for fiscal year 2013/2014. 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 21 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 2012 -2013 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. 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 two 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 1,451 for Orange County while Carrboro, Durham, and Hillsborough all show a slightly lower increase in population than the County as a whole. This change decreases slightly the County's share of property tax distributed based on population from 62.04% in fiscal year 2011/2012 to 62.01% in fiscal year 2012/2013. The Board of Commissioners has two 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 21 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, 2013, the County increase in revenues was estimated to be $605,576. If the County changed to the Ad Valorem Property Tax Levy distribution option for local option sales tax, the increase as of April 23, 2013 is $1,053,217. The increase of $447,641 from fiscal year 2011/12 to fiscal year 2012/2013 is mainly due to changes in state certified population figures shown on Attachment 2, and increased distributions received due to the recovering local economy. K Estimated amounts of revenues gained by the County & Special Taxing Districts: o Orange County $ 1,053,217 • Chapel Hill Carrboro City Schools $ 2,537,681 • All Fire Districts $ 478,995 • Chapel Hill Downtown Service District $ 29,842 • Durham $ 1,892 Estimated amounts of revenues lost by the Cities & Towns • Carrboro $ 907,823 • Chapel Hill $ 2,988,589 • Hillsborough $ 117,094 • Mebane $ 88,120 State law currently provides only two options for the County to select. Some counties have successfully sought additional options that allow balance between the two existing options. There are also counties that have agreements (Memoranda of Understanding) with their local municipalities that provide for a compromise position between the two existing options. If the County changed from the `Population' to the `Ad Valorem' option, it gains $1,053,217 and the towns give up $4,101,626. Using a cost sharing arrangement between the towns to make the County whole based upon the percentage of sales taxes each town receives would provide the following impacts: Orange County $1,053,217 Increase Chapel Hill (67.55 %) ($711,493) Decrease Carrboro (22.95 %) ($241,683) Decrease Hillsborough (7.31%) ($ 76,965) Decrease Mebane ( 2.15 %) ($ 22,695) Decrease Durham ( 0.04 %) ($ 381) 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. M 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 two formula options will increase. 5 Attachment 1 2012 -13 AD VALOREM PROPERTY TAX LEVIES PRELIMINARY ORANGE COUNTY LEVIES Total $189,874,966 $19,415,346 $3,893,021 $213,183,333 100.0000 Note: Figures shown are preliminary and subject to change. Final reports will be available July 2013. School Special Total Percent of Levy Districts Districts Levy Total Levy [$l [$l [$l Orange County 137,849,317 19,415,346 3,664,706 160,929,369 75.4887 Carrboro 12,190,493 0 0 12,190,493 5.7183 Chapel Hill: In Orange County 33,469,709 0 228,315 33,698,024 15.8071 Durham: In Orange County 44,640 0 0 44,640 .0209 Hilllsborough 5,198,081 0 0 5,198,081 2.4383 Mebane: In Orange County 1,122,726 0 0 1,122,726 .5266 Total $189,874,966 $19,415,346 $3,893,021 $213,183,333 100.0000 Note: Figures shown are preliminary and subject to change. Final reports will be available July 2013. 6 Attachment 2 Option 1 - Based on Population $ 137,849,317 64.6623% 18,017,581 Existing 2011/2012 Sales Tax Distribution Carrboro CH Schools $ Based on Population 9.1073% 2,537,681 2,537,681 Population $ Change 1.7190% FY2011/12 FY2012/13 478,995 Carrboro Orange 134,325 135,776 1,451 62.00582% Carrboro 19,665 19,905 240 9.09016% Chapel Hill 54,582 55,176 594 25.19763% Durham 30 31 1 0.01416% Hillsborough 6,113 6,239 126 2.84921% Mebane 1,801 1,846 45 0.84303% 216,516 Option 2 - Based on Ad Valorem Tax Levy 218,973 2,457 100.0000% Estimated Total County & Municipal Distribution Sales Tax Ad Valorem Estimated Increase Tax Levy 2012/2013 Percent Budget 2012/2013 (Decrease) Orange $ 137,849,317 64.6623% 18,017,581 1,053,217 Carrboro CH Schools $ 19,415,346 9.1073% 2,537,681 2,537,681 Fire Districts $ 3,664,706 1.7190% 478,995 478,995 Carrboro $ 12,190,493 5.7183% 1,593,357 (907,823) Chapel Hill $ 33,469,709 15.7000% 4,374,655 (2,988,589) Chapel Hill Down Town $ 228,315 0.1071% 29,842 29,842 Durham $ 44,640 0.0209% 5,835 1,892 Hillsborough $ 5,198,081 2.4383% 679,415 (117,094) Mebane $ 1,122,726 0.5266% 146,746 (88,120) $ 213,183,333 27,864,106 100.0000% Property Tax Impact by Local Government of Change in Sales Tax Distribution Orange County Carrboro CH Schools Fire Districts Cedar Grove Chapel Hill Damascus Southern Triangle Efland Eno Little River New Hope Orange Grove Orange Rural South Orange White Cross Carrboro Chapel Hill Chapel Hill Down Town Durham Hillsborough Mebane Attachment 3 2012/2013 Property Tax Rate in Cents 2012/2013 Property Tax Property Tax Rate Increase Adjusted Revenue From ( ecrea__e ) Likely Property Tax One Cent For Distribution Change Rate in Cents In Cents 85.80000 $ 1,535,967 ( , 6 85 , 85.11430 18.84000 $ 987,247 5705` (`` �, -�� -�� 16.26954 7.36000 $ 27,482 (0-1-1-11) 6.58290 7.50000 $ 230 (0 98A5� 6.51546 5.00000 $ 9,147 (0 633A� 4.36660 5.00000 $ 33,355 (0 6320' 4.36798 4.66000 $ 66,140 (0 5601 4.09928 5.99000 $ 72,658 (0 5 3 7 5.41631 4.06000 $ 41,426 (0 A866 3.57320 8.95000 $ 55,403 ( ,1 ' 8.23195 5.00000 $ 75,569 (0 A2 92 4.57081 5.61000 $ 132,838 (0 5992 5.01078 7.85000 $ 54,288 (0 9702 6.87975 7.00000 $ 36,873 ('0611 6.38815 58.94000 $ 188,947 4.8046 63.74464 49.40000 $ 717,000 4.1682 53.56819 7.10000 $ 23,380 (1 2i 5.82361 56.75000 $ 793 (2.3849) 54.36508 6.80000 $ 73,475 1.5937 8.39366 47.00000 $ 23,649 3.7262 50.72617 7