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Home My WebLink AboutAgenda - 12/11/2008 - 4fORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: December 11, 2008 Action Agenda Item No. 4 - SUBJECT: Applications for Property Tax Exemption/Exclusion DEPARTMENT: Assessor PUBLIC HEARING: (Y/N) No ATTACHMENT(S): INFORMATION CONTACT: John Smith. 245-2101 Exempt Status Resolution Spreadsheet Request for Exemption/Exclusion PURPOSE: To consider three (3) untimely applications for exemption/exclusion from ad valorem taxation for the 2008 tax year. BACKGROUND: North Carolina General Statutes state that applications for exemption must be filed during the normal listing period, which is during the month of January. NCGS 105- 282.1(x)(5) 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 subdivision applies only to property taxes levied by the county or municipality in the calendar year in which the untimely application is filed. These 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. Based on the information supplied in the current application and the above referenced general statutes, the applicants can be approved for 2008. The opinion of the Assessor is that the information provided to date satisfies the good cause requirement of NCGS 105-282.1(x)(5) and that these properties should be approved for exclusion. There are currently 892 parcels receiving benefit of the homestead exclusion. With the approval of these homestead applications, there will be 895 parcels receiving a homestead exclusion for the 2008 tax year. FINANCIAL IMPACT: The reduction in the County's tax base associated with approval of these exemption applications will result in a reduction of 2008 taxes due to the County, municipalities, and special districts in the amount of $1,228.31. For FY 2008/2009, the total net reduction in revenue for late homestead exclusions is $16,549.63. RECOMMENDATION: The Manager recommends the above listed applications for 2008 exemption be approved. 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, 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 2008 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 2008 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 , 2008. Clerk to the Board of Commissioners Late Exemption/ Exclusion NCGS 105-282.1(a1) December 11, 2008 (Taxable) Value Rate Financial Property Name Map Ref Tract # Old Value New Value Difference Code Impact Description Reason for Adjustment Tony C Walker 3.27..14 301455 48,886 25,000 -23,886 03 -262.56 Residence Late homestead exclusion is for 2008 _ Owner applied for late homestead exclusion after the regular listing period. Joanna H Graves 3.12C.D.1 302392 80,881 40,100 -40,101 03 -421.15 Residence Late homestead exclusion is for 2008 Owner applied for late homestead exclusion after the regular listing period. Patricia Gattis 3.31A..36A 336508 103,709 51,854 -51,855 03 -544.60 Residence Late homestead exclusion is for 2008 Owner applied for late homestead exclusion after the regular listing period. -115,842 -1,228.31 W Nov 21 08 10:00a Orange County Tax ~,,:. /~', Date / To Whom It May Concern: 1 ~ , am applying for a late homestead ~ on Tract # ~~ ~ ~y3 _ because I Exemption for year ~ U Was not aware that this exemption was available to me. Just found out about the exemption. Signature Nov 21 08 10:00a Orange County Tax Date To Whom It May Concern: I ~(~~'Ii~GL, /~. ~tl/Q~ , am applying for a late Homestead Exemption.for year n~ ~ C~ d on Tract # ,_~~G~j._Z , j ~';,~ because I Was not aware that this exemption was available to me. ~" Just found out about the exemption. Signature-~C-r:s-~2~~-r~.r~- ~_ ,~~'~,2.cc~.<~-..,: i. did you f nd out about this exemption? Orange County Tax Nov 21 08 lO:Ola 4: ,, r ~> :,~t ~~t` Date To Whom It May Concern: 1 ~'~~,`i ~ (SGL'~'~"i~ , am applying for a late Homeskead Exemption f year ~_`~ on Tract # ~~ ~ because 7 Was not aware that this exemption was available to me_ 3ust found out about the exemption. ~,~ - ~ ~ r~ Signatur ~ Y1 How did you ~ nd out about this exemption?