AGENDA DATE: 11/2/2022
TITLE:
Title
Tax Refund Approval Request
BODY
SUBJECT/PROPOSAL/REQUEST: Request to approve tax refunds for taxpayers as required by State Code
ITEM TYPE: Consent Action Item
STAFF CONTACT(S): Richardson, Rosenberg, Bessette, Birch, Sumner, Lin.
PRESENTER (S): NA
LEGAL REVIEW: Yes
REVIEWED BY: Jeffrey B. Richardson
BACKGROUND: Virginia Code 58.1-3981 requires that erroneous tax assessments shall be corrected and that a refund, with interest as applicable, be paid back to the taxpayer. Tax refunds resulting from erroneous assessment over $10,000 must be approved by the Board of Supervisors before any payments are made.
STRATEGIC PLAN: Mission - To enhance the well-being and quality of life for all community members through the provision of the of the highest level of public service consistent with the prudent use of public funds.
DISCUSSION: The Department of Finance and Budget is requesting approval from the Board for eleven tax refunds to conform with Virginia Code 58.1-3981. Each refund amount listed below has been reviewed and certified by staff and the Chief Financial Officer with consent of the County Attorney’s Office.
If approved,
$40,550.00 will be refunded to Six3 Intelligences Solutions LLC due to business closure.
$35,256.24 will be refunded to Monticello Community Surgery due to business closure.
$25,683.42 will be refunded to AllTell Corporation due to business closure.
$24,373.46 will be refunded to The Le Myers Company due to business closure.
$24,217.23 will be refunded to Albemarle H & R Opos LLC due to business closure.
$21,727.05 will be refunded to AllTell Corpration DBA Verizon due to business overestimation.
$21,568.85 will be refunded to Marshalls of MA. Inc. due to taxpayer miscalculation.
$19,601.00 will be refunded to Medical Facilities of America due to business closure.
$13,630.48 will be refunded to Rexel USA Inc. due to business closure.
$12,657.27 will be refunded to BJ’s Restaurant Operation CO due to taxpayer miscalculation.
$10,627.33 will be refunded to Cornerstone Partners LLC due to business closure.
BUDGET IMPACT: Staff does not anticipate a budget impact associated with the recommended Board action. Tax refunds are a customary part of the revenue collection process and refund expectations are included in the annual revenue budget assumptions.
RECOMMENDATION:
Recommendation
Staff recommends that the Board approves the refund request and authorize the Department of Finance and Budget to initiate the refund payments.
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