Agenda - 12-04-2000-8d - Laserfiche WebLink

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ORANGE COUNTY BOARD OF COMMISSIONERS ACTION Ar;ENDA ITEM ABSTRACT Meeting Date: December 4, 2000 Action Agenda Item No. ~_ SUBJECT: Late Application for Property .Homestead Exemption DEPARTMENT: Assessors Office PUBLIC HEARING: (Y/N) No ATTACHMENT(S): INFORMATION CONTACT: John Smith, ext 2101 Exempt Status Resolution Letter Application TELEPHONE NUMBERS: Hillsborough 732-8181 Chapel Hill 968.4501 Durham 688-7331 Mebane 336-227-2031 PURPOSE: Ta consider a late application for granting homestead exemption far the 2000 tax year for Ms. Cora Fuller, tract # 350509. BACKGROUND: North Carolina law provides for the exclusion of a portion of the value of certain real and personal property from taxation, provided that the owner meets certain income and age provisions. NCGS 105-277.1 excludes from property taxes the first $20,000 in assessed value of certain property owned by N.C. residents aged 65 or older or totally and permanently disabled whose disposable income does not exceed $15,000. This exclusion covers real property or mobile homes occupied by the owner as his or her permanent residence. Applications for this "homestead exemption" must be filed prior to April 15~' in the tax year for which relief is sought. Ms. Cara Fuller filed an application for homestead exemption after April 15, 2000. NCGS 105- 282.1(a)(5) does allow some discretion for untimely applications for homestead exemption. 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 bled. Ms. Fuller can be approved for 2000 based on the above referenced general statutes. The opinion of the Assessor is that the above referenced applicant meets all eligibility requirements and the letter provided satisfies the "good cause" requirement of NCGS 105-282.1(a)(5). FINANCIAL IMPACT: The reduction in the County's tax base associated with approval of this homestead exemption application will result in a reduction of 2000 taxes due to the County, municipalities, and special districts in the amount of $191.$0.