Orange County NC Website
ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: December 6, 2010 <br />Action Agenda <br />Item No. ~- - ~ <br />SUBJECT: Applications for Property Tax Exemption/Exclusion <br />DEPARTMENT: Tax Administration PUBLIC HEARING: (Y/N) No <br />ATTACHMENT(S): INFORMATION CONTACT: <br />Exempt Status Resolution Jo Roberson, 245-2727 <br />Spreadsheet <br />Requests for Exemption/Exclusion <br />PURPOSE: To consider sixteen (16) untimely applications for exemption/exclusion from ad <br />valorem taxation for the 2010 tax year. <br />BACKGROUND: North Carolina General Statutes (NCGS) require applications for exemption <br />to be filed during the normal listing period, which is during the month of January. NCGS 105- <br />282.1(a)(5) does allow some discretion. Upon a showing of good cause by the applicant for <br />failure to make a timely application, an application for exemption or exclusion filed after the <br />close of the listing period may be approved by the Department of Revenue, the board of <br />equalization and review, the board of county commissioners, or the governing body of a <br />municipality, as appropriate. An untimely application for exemption or exclusion approved <br />under this subdivision applies only to property taxes levied by the county or municipality in the <br />calendar year in which the untimely application is filed. <br />Two of the applicants are applying for homestead exclusion based on NCGS 105-277.1, which <br />allows exclusion of the greater of twenty-five thousand dollars ($25,000) or fifty percent (50%) <br />of the appraised value of the residence. <br />Five of the applicants are applying for exclusion based on NCGS 105-278.3, which allows for <br />exclusion from property taxes for property used for a religious purpose. <br />Nine of the applicants are applying for exclusion based on NCGS 105-278.6, which allows for <br />exclusion from property taxes for property used for a charitable purpose. <br />Based on the information supplied in the applications and the above referenced general <br />statutes, the applicants can be approved for 2010. The opinion of the Tax Administrator is the <br />information provided to date satisfies the good cause requirement of NCGS 105-282.1(a)(5) <br />and this property should be approved for exclusion. <br />FINANCIAL IMPACT: The reduction in the County's tax base associated with approval of these <br />exemption applications will result in a reduction of FY 2010/2011 taxes due to the County, <br />municipalities, and special districts in the amount of $218,993.50. <br />RECOMMENDATION: The Manager recommends the Board approve the attached resolution <br />for the above listed application for FY 2010/2011 exemption. <br />