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HomeMy WebLinkAboutAgenda - 01-21-2003-8gORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: January 21, 2003 Action Agenda Item No. SUBJECT: Late Application for Property Homestead Exemption DEPARTMENT: Assessor's Office PUBLIC HEARING: (YIN) No ATTACHMENT(S): INFORMATION CONTACT: John Smith, ext. 2101 t Status Resolution Exem p Request for Exemption TELEPHONE NUMBERS: Hillsborough 732-8181 Chapel Hill 968-4501 Durham 688-7331 Mebane 336-227-2031 PURPOSE: To consider one (1) late application for granting homestead exemption for the 2002 tax year. BACKGROUND: North Carolina law provides for the exclusion of a portion of the value of certain real and personal property from taxation, provided that the owner meets certain income and age provisions. NCGS 105-277.1 excludes from property taxes the greater of twenty thousand dollars ($20,000) or fifty percent of the appraised value of the residence and homesite owned by N.C. residents aged 65 or older or totally and permanently disabled whose disposable income does not exceed $18,000. This exclusion covers real property or mobile homes occupied by the owner as his or her permanent residence. Applications for this "homestead exemption" must be filed prior to June 1S` in the tax year for which relief is sought. The applicant, Selma C. McNeil, map reference 7.27.D.47, filed application for homestead exemption after June 1, 2002. NCGS 105-282.1(a1) does allow some discretion for untimely applications for exemption. 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 subdivision applies only to property taxes levied by the county or municipality in the calendar year in which the untimely application is filed. The applicant can be approved for 2002 based on the above referenced general statutes. The opinion of the Assessor is that the above referenced applicant meets all eligibility requirements and the letter provided satisfies the "good cause" requirement of NCGS 105-282.1(a1). 2 FINANCIAL IMPACT: The reduction in the County's tax base associated with approval of this homestead exemption application will result in a reduction of 2002 taxes due to the County, municipalities, and special districts in the amount of $1,068.50. RECOMMENDATION: The Manager recommends that the application for 2002 homestead exemption for the above referenced applicant be approved. NORTH CAROLINA ORANGE COUNTY EXEMPT STATUS 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, good cause has been shown as evidenced by the information packet provided,and Whereas, the Assessor has determined that the applicants could have been approved for 2002 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 2002 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, Clerk to 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 2003. Clerk to the Board of Commissioners ?? ?/??00,?. 4