Orange County NC Website
2 <br /> Including these eighteen (18) applications, the Board will have considered a total of thirty-seven <br /> (37) untimely applications for exemption of 2024 taxes since the 2024 Board of Equalization and <br /> Review adjourned on June 20, 2024. Taxpayers may submit an untimely application for <br /> exemption of 2024 taxes to the Board of Commissioners through December 31, 2024. <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 2024-2025 taxes due to the County, <br /> municipalities, and special districts in the amount of $95,114.31. <br /> ALIGNMENT WITH STRATEGIC PLAN: This item supports: <br /> • GOAL 6: DIVERSE AND VIBRANT ECONOMY <br /> OBJECTIVE 5. Increase access to and awareness of resources and assistance available <br /> to residents and businesses. <br /> RECOMMENDATION(S): The Manager recommends that the Board approve the attached <br /> resolution for the above listed applications for FY 2024-2025 exemption. <br />