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HomeMy WebLinkAboutAgenda - 01-22-2015 - 6d 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT January 22, 2015 Meeting Date: Action Agenda 6-d Item No. SUBJECT: Applications for Property Tax Exemption/Exclusion DEPARTMENT: PUBLIC HEARING: (Y/N)No Tax Administration ATTACHMENT(S):INFORMATION CONTACT: Exempt Status ResolutionDwane Brinson, Tax Administrator Spreadsheet(919) 245-2726 Requests for Exemption/Exclusion PURPOSE: To consider eleven (11) untimely applicationsfor exemption/exclusion from ad valorem taxation for eleven (11)bills for the 2014 tax year. BACKGROUND: North Carolina General Statutes (NCGS) typically requireapplications for exemption to be filed during the listing period, which is usually during the month of January. Applicationsfor Elderly/DisabledExclusion, Circuit BreakerTax Defermentand Disabled st VeteranExclusionshould be filed by June 1of the tax year for which the benefit is requested. NCGS 105-282.1(a1) 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 provisionapplies only to property taxes levied by the county or municipality in the calendar year in which the untimely application is filed. Seven of the applicants are 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 plus the value of up to one (1) acre of land . Oneapplicantisapplying for exclusion based on NCGS 105-277.4(a1), which allows for an untimely application to be approved for taxation at present use value assessment. Three of the applicantsareapplying for exclusion based on NCGS 105-277.1C, which allows for an exclusion of $45,000 for an honorably discharged Disabled American Veteran. Including these eleven (11) applications, the Board will have considered a total of 44 untimely applications for exemption of 2014taxessince the 2014Board of Equalization and Review adjourned on May 23rd.Taxpayers maysubmit an untimelyapplication for exemption of 2014 taxes to the Board of Commissioners through December 31, 2014. Based on the information supplied in the applicationandbased on the above-referenced General Statutes, the application may be approved by the Board of County Commissioners. 2 NCGS 105-282.1(a1) permits approval of such application if good cause is demonstrated by the taxpayer. FINANCIAL IMPACT: The reduction in the County’s tax base associated with approval of the exemption application will result in a reduction of FY 2014/2015 taxes due to the County, municipalities, and special districts in the amount of $8,507.12. RECOMMENDATION(S): The Manager recommends the Board approve the attached resolution for the above-listed applicationsfor FY 2014/2015 exemption. 3 RES-2015-003 NORTH CAROLINA ORANGE COUNTY EXEMPTION/EXCLUSION 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 , goodcause has been shown as evidenced by the information packet provided, and Whereas , theTax Administrator has determined that the applicants could have beenapproved for 2015 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 2014 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, Clerkto the Board of Commissioners for the County of Orange, North Carolina, DO 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 ____________, 2015. _________________________________ Clerk to the Board of Commissioners 5 6 7 8 9 10 11 12 13 14 15