Agenda - 02-03-1998 - 8e - Laserfiche WebLink

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ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: February 3, 1998 SUBJECT: Applications for 1997 Property Tax Exemptions DEPARTMENT: Assessor's Office ATTACHMENT(S): * Letters to BOCC asking for 1997 Approval of Exemption Status * Applications for Exemption Action Agenda Item No. a-d PUBLIC HEARING: YES NO X BUDGET AMENDMENT NEEDED: YES NO X INFORMATION CONTACT: John Smith, Jr., ext 2101 TELEPHONE NUMBER Hillsborough 732 -8181 Chapel Hill 968 -4501 Mebane 227 -2031 Durham 688 -7331 PURPOSE: To consider untimely applications for granting exempt status from ad valorem taxation for the 1997 tax year. BACKGROUND: General Statute 105- 282.1(a)(5) Action of Governing Body - The Institute for Development Training filed an application for property tax exemption on November 16, 1997. The Orange Community Housing Corporation filed two separate applications for exemption on December 18, 1997. Both organizations are requesting exemption status for 1997. The N. C. General Statutes states that applications for exemption must be filed during the normal listing period, which is during the month of January. On that basis, all three applications were denied by the Assessor. However, G.S. 105- 282.1(a)(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. RECOMMENDATION: The Manager recommends all applications for 1997 exemption be approved.