Agenda

Back to Calendar Return

Regular Agenda Item 2. A.

Regular BOS Meeting

Meeting Date:	09/18/2018
Submitted For:	Debora Savage	Submitted By:	Marian Sheppard, Clerk of the Board
Department:	Treasurer's Office
Fiscal Year:	2018-2019	Budgeted?:	No
Contract Dates Begin & End:	09-18-18	Grant?:	No
Matching Requirement?:	No	Fund?:	New

Information

Request/Subject

Abatement of taxes on parcel number 302-55-029E and refund to property owner in the amount of $6,938.62 according to the Assessor's Tax Roll Correction (TRC) for years 2008-2017.

Background Information

The Assessor's Office combined parcel numbers 302-55-029E and 302-55-040B; however, the Treasurer's Office wasn't notified so taxes continued to be collected by the Treasurer for parcel number 302-55-029E for the period 2008 through 2017. Recently the Assessor's Office submitted a TRC to the Treasurer's Office in the amount of $6,938.62 which includes interest. The Treasurer is requesting to abate the taxes on parcel number 302-55-029E and refund the property owner for the taxes that were paid from 2008 through 2017 which includes interest in the amount of $6,938.62.

Evaluation

A spreadsheet is attached to this agenda item which shows the calculations that were used to arrive at the amount to be refunded to the property owner. The calculations were performed according to A.R.S. §42-11054, 42-16002,42-16251, 42-16254, 42-16259, 42-18061, 42-18351, 42-18353, and 42-1123; Arizona Department of Revenue Interest Rate Sheet; and Internal Revenue Code, Section 6621(b) interest breakdown.

Conclusion

It is in the best interest of Gila County to abate the taxes on parcel number 302-55-029E and refund the taxes that were paid by the property owner from 2008 through 2017 which includes interest at prime rate plus 3 percentage points in accordance with A.R.S. § 42-1123(A).

Recommendation

The Assessor's Office and Treasurer's Office recommend that the Board of Supervisors approve the abatement of taxes on parcel number 302-55-029E and issue a refund to the property owner in the amount of $6,938.62 per the Assessor's TRC for years 2008-2017.

Suggested Motion

Information/Discussion/Action to abate the taxes on parcel number 302-55-029E and issue a refund to the property owner in the amount of $6,938.62 per the Assessor's Tax Roll Correction for years 2008-2017. (Debora Savage)

Attachments
Abatement of Tax and Refund for Parcel No. 302-55-029E
Assessor's Tax Roll Corrections 2008-2017