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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: September 17, 2013 <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) 245-2726 <br /> Requests for Exemption/Exclusion <br /> PURPOSE: To consider three (3) untimely applications for exemption/exclusion from ad <br /> valorem taxation for three (3) bills for the 2013 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 /> The applicants are applying for homestead exclusion based on NCGS 105-277.1, which allows <br /> exclusion of the greater of twenty-five thousand dollars ($25,000) or fifty percent (50%) of the <br /> appraised value of the residence plus the value of up to one (1) acre of land. <br /> Based on the information supplied in the applications and the above referenced General <br /> Statutes, the applicants may be approved by the Board of County Commissioners. NCGS 105- <br /> 282.1(a)(5) permits approvals of such applications if good cause is demonstrated by the <br /> taxpayer. <br /> FINANCIAL IMPACT: The reduction in the County's tax base associated with approval of the <br /> exemption application will result in a reduction of FY 2013/2014 taxes due to the County, <br /> municipalities, and special districts in the amount of $2,216.41. <br /> RECOMMENDATION: The Manager recommends the Board approve the attached resolution <br /> for the above listed applications for FY 2013/2014 exemption. <br />