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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: November 8, 2012 <br /> Action Agenda <br /> Item No. 5-d <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 Dwane Brinson, Tax Administrator, <br /> Spreadsheet (919) 245-2735 <br /> Requests for Exemption/Exclusion <br /> PURPOSE: To consider thirteen (13) untimely applications for exemption/exclusion from ad <br /> valorem taxation for the 2012 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. Exclusion for <br /> Elderly/Disabled, Circuit Breaker and Disabled American Veterans should be filed by June 1St of <br /> the tax year being applied. NCGS 105-282.1(a)(5) does allow some discretion. Upon a showing <br /> of good cause by the applicant for failure to make a timely application, an application for <br /> exemption or exclusion filed after the close of the listing period may be approved by the <br /> Department of Revenue, the board of equalization and review, the board of county <br /> commissioners, or the governing body of a municipality, as appropriate. An untimely application <br /> for exemption or exclusion approved under this subdivision applies only to property taxes levied <br /> by the county or municipality in the calendar year in which the untimely application is filed. <br /> Twelve of the applicants are applying for homestead exclusion based on NCGS 105-277.1, <br /> which allows exclusion of the greater of twenty-five thousand dollars ($25,000) or fifty percent <br /> (50%) of the appraised value of the residence. <br /> One of the applicants is applying for exclusion based on NCGS 105-277.1 C, which allows for an <br /> exclusion of $45,000 for an honorably discharged Disabled American Veteran. <br /> Based on the information supplied in the applications and the above referenced General <br /> Statutes, the applicants can be approved for 2012. 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 these properties 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 2012/2013 taxes due to the County, <br /> municipalities, and special districts in the amount of $9,687.26. <br /> RECOMMENDATION(S): The Manager recommends the Board approve the attached <br /> resolution for the above listed applications for FY 2012/2013 exemption. <br />