Orange County NC Website
1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: March 5, 1997 <br /> Action Agenda <br /> Item No. 3-b <br /> SUBJECT: Property Tax Releases <br /> DEPARTMENT: Assessor's Office PUBLIC HEARING: (Y/NS) <br /> BUDGET AMENDMENT: (Y/N) <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Property Tax Release Spreadsheet John Smith, Jr., Assessor <br /> ext 2101 <br /> TELEPHONE NUMBERS: <br /> Hillsborough 732-8181 <br /> Chapel Hill 968-4501 <br /> Durham 688-7331 <br /> Mebane 227-2031 <br /> PURPOSE: To consider requests for property tax releases. <br /> BACKGROUND: Chapter 105-381(b)of the North Carolina General Statutes outlines procedures <br /> for the release of tax bills when an incorrect tax bill has been prepared. The Assessor's Office <br /> routinely corrects tax bills when errors are discovered, for example when an incorrect value or tax <br /> rate has been used in calculating a particular bill. In most cases,the incorrect bill to be released is <br /> replaced by a new bill that includes the corrected information. Typically,the Assessor's Office <br /> processes dozens of these requests in any given month. <br /> The General Statutes require that all actions related to the granting of releases be recorded in the <br /> minutes of the governing body. The attached spreadsheet reflects all releases processed by the <br /> Assessor's Office during the months of December 1996 and January 1997,which require ratification <br /> by the Board of Commissioners so they may be recorded in the minutes. The figures in the "amount <br /> released"column on the attached spreadsheet show the net dollar value of any release - figures <br /> without a"minus sign"indicate that the creation of a corrected bill resulted in a larger property tax <br /> amount due. <br /> RECOMMENDATION(S): The Manager recommends that the Board approve the releases as <br /> reflected on the attached spreadsheet. <br />