Agenda - 03-10-20; 8-e - Resolution Regarding Underpayment and Overpayment of Taxes

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1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: March 10, 2020 Action Agenda Item No. 8-e SUBJECT: Resolution Regarding Underpayment and Overpayment of Taxes DEPARTMENT: Tax Administration ATTACHMENT(S): INFORMATION CONTACT: Resolution Nancy T. Freeman, Tax Administrator, Unsigned Resolution 2001-039 (919) 245-2735 Excerpt from April 17, 2001 Board Meeting Minutes - Item 5-b PURPOSE: To approve a new resolution as an administrative clean-up confirming Resolution 2001-039, which was adopted by the Board on April 17, 2001 to allow the Tax Collector to write off up to $1.00 in underpayment and absorb up to $1.00 in overpayment of taxes. BACKGROUND: In April 2001, the Board of County Commissioners approved Resolution 2001- 039 allowing the Tax Collector to write off up to $1.00 in underpayment and absorb up to $1.00 in overpayment of taxes, as allowed in North Carolina General Statute (NCGS) 105-357(c). Since that time, the Orange County Tax Collector/Tax Administrator has followed this practice. However, during a recent audit, the Tax Department learned that the approved 2001 Resolution had inadvertently not been signed by the Board Chair. On the recommendation of the County Attorney, the Department is requesting approval of an updated resolution to confirm/continue this practice. The approved minutes from the April 2001 Board meeting are attached (see page 5), along with the original resolution. FINANCIAL IMPACT: On average, the impact is less than $300 per year. SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal impact associated with this item. ENVIRONMENTAL IMPACT: There is no Orange County Environmental Responsibility Goal impact associated with this item. RECOMMENDATION(S): The Manager recommends that the Board approve the attached resolution.