HomeMy WebLinkAboutAgenda - 04-17-2001-5bORANGE COUNTY
BOARD OF COMMISSIONERS
ACTION AGENDA ITEM ABSTRACT
Meeting Date: April 17, 2001
Action Agenda
Item No. 5-b .__.
SUBJECT: Resolution of Under and Overpayment of Tax
DEPARTMENT: Revenue
PUBLIC HEARING: (Y/N) No
ATTACHMENT(S): INFORMATION CONTACT:
1) Draft Resolution Referencing NCGS Jo Roberson, Revenue Director
105-357c ext 2727
TELEPHONE NUMBERS:
Hillsborough 732-8181
Chapel Hill 968.4501
Durham 688-7331
Mebane 336-227-2031
PURPOSE: To consider approval of a resolution allowing the Tax Collector to write off up to
$1.00 in underpayment and absorb up to $1.00 in overpayment.
BACKGROUND: The North Carolina General Statute 105-357c allows the tax collector, with
the Board of County Commissioners approval, to automate the release of small underpayments
and overpayments up tv $1.00.
The cost of mailing balance due statements for less than $1.00 is not cost effective. The cost of
creating a refund for less than $1.00 is also not cost effective.
NCGS 105-357 does allow a taxpayer to request a refund of less than $1.00 within the same
fiscal year as an overpayment is made.
It should also be noted for information purposes that the. BOCC did, by resolution on June 26,
1995, authorize the tax collector to treat as fully paid property taxes that did not exceed $5.00.
The purpose was a cost consideration for billing and collection efforts.
FINANCIAL IMPACT: On average, the impact would be less than $300 per year.
RECOMMENDATION(S): The Manager recommends that the Board approve the attached
resolution and authorize the Chair to sign.
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NORTH CAROLINA
COUNTY OF ORANGE
ORANGE COUNTY BOARD OF COMMISSIONERS
RESOLUTION
AUTHORIZING ORANGE COUNTY TAX COLLECTOR TO TREAT SMALL UNDER AND
OVERPAYMENTS AS PAID IN FULL PURSUANT TO NORTH
CAROLINA GENERAL STATUTE SECTION lOS-3S7c
WHEREAS, N. C. General Statute 105-357 of the Machinery Act permits, by
resolution approved by the Board of County Commissioners, the Tax Collector to treat
small underpayments (one dollar or less) of taxes as fully paid and to not refund small
overpayments (one dollar or less) of taxes unless the taxpayer requests a refund before
the end of the fiscal year in which the small overpayment is made subject to the
limitations and requirements set forth in such statute.
WHEREAS, the Orange County Board of County Commissioners by this resolution
authorizes the Tax Collector to adjust small underpayments and overpayments as set out
in N. C. General Statute 105-357c for all taxes levied for 2001-2002 fiscal'year, and for
all previous fiscal years, and shall continue in effect until repealed or amended by
resolution of the Orange County Board of County Commissioners.
This the day of April, 2001.
Stephen Hallsiotis, Chair
Orange County Board of Commissioners