Browse
Search
Agenda - 12-02-2024; 8-d - Late Applications for Property Tax Exemption Exclusion
OrangeCountyNC
>
Board of County Commissioners
>
BOCC Agendas
>
2020's
>
2024
>
Agenda - 12-02-2024 Business Meeting
>
Agenda - 12-02-2024; 8-d - Late Applications for Property Tax Exemption Exclusion
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
11/26/2024 9:47:16 AM
Creation date
11/26/2024 9:49:40 AM
Metadata
Fields
Template:
BOCC
Date
12/2/2024
Meeting Type
Business
Document Type
Agenda
Agenda Item
8-d
Document Relationships
Agenda for December 2, 2024 BOCC Meeting
(Message)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 12-02-2024 Business Meeting
OTHER-2024-101-Orange County Global Agreement for Capital
(Message)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2024
OTHER-2024-102-Approval of Addendums to Orange County Transportation Services-OCTS-On-call Professional Services Contract with WSP
(Message)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2024
OTHER-2024-103-Raise grant Pre-Planning
(Message)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2024
OTHER-2024-104-Procurement of Public Safety Communications Console Backup Radio Equipment
(Message)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2024
RES-2024-065-REFUND-RELEASE RESOLUTION
(Message)
Path:
\Board of County Commissioners\Resolutions\2020-2029\2024
RES-2024-066-REFUND-RELEASE RESOLUTION
(Message)
Path:
\Board of County Commissioners\Resolutions\2020-2029\2024
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
5
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: December 2, 2024 <br /> Action Agenda <br /> Item No. 8-d <br /> SUBJECT: Late Applications for Property Tax Exemption/Exclusion <br /> DEPARTMENT: Tax Administration <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Exempt Status Resolution Nancy Freeman, Tax Administrator, <br /> Spreadsheet (919) 245-2735 <br /> Requests for Exemption/Exclusion <br /> PURPOSE: To consider eleven (11) untimely applications for exemption/exclusion from ad <br /> valorem taxation for eleven (11) bills for the 2024 tax year. <br /> BACKGROUND: North Carolina General Statutes (NCGS) typically require applications for <br /> exemptions to be filed during the listing period, which is usually during the month of January. <br /> Applications for Elderly/Disabled Exclusion, Circuit Breaker Tax Deferment, and Disabled Veteran <br /> Exclusion should be filed by June 1st of the tax year for which the benefit is requested. NCGS <br /> 105-282.1(a1) does allow some discretion. Upon a showing of good cause by the applicant for <br /> failure to make a timely application, an application for exemption or exclusion filed after the close <br /> of the listing period may be approved by the Department of Revenue, the Board of Equalization <br /> and Review, the Board of County Commissioners, or the governing body of a municipality, as <br /> appropriate. An untimely application for exemption or exclusion approved under this provision <br /> applies only to property taxes levied by the county or municipality in the calendar year in which <br /> the untimely application is filed. <br /> Six (6) applicants are applying for homestead exclusion based on NCGS 105-277.1, which allows <br /> exclusion of the greater of$25,000 or 50% of the appraised value of the residence. <br /> Two (2) applicants are applying for disabled veteran exclusion based on NCGS 105-277.1(C), <br /> which allows for an exclusion of$45,000 for an honorably discharged Disabled American Veteran. <br /> Two (2) applicants are applying for exclusion based on NCGS 105-278.3, which allows for <br /> exclusion from property taxes for property used for a religious purpose. <br /> One (1) applicant is applying for a charitable exemption based on NCGS 105-278.7 which allows <br /> for an exemption from property taxes for property used for educational, scientific, literary, or <br /> charitable purposes. <br /> Including these eleven (11) applications, the Board will have considered a total of sixty-three (63) <br /> untimely applications for exemption of 2024 taxes since the 2024 Board of Equalization and <br />
The URL can be used to link to this page
Your browser does not support the video tag.