AGENDA DATE: 9/7/2022
TITLE:
Title
Tax Refund Approval Request
BODY
SUBJECT/PROPOSAL/REQUEST: Request to approve a tax refund for a taxpayer as required by State Code
ITEM TYPE: Consent Action Item
STAFF CONTACT(S): Richardson, Rosenberg, Bessette, Birch, Sumner, Lin
PRESENTER (S): Jian Lin
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 a tax refund to conform with this requirement. The refund in the amount of $14, 077.05 has been reviewed and certified by staff and the Chief Financial Officer with consent of the County Attorney’s Office. If approved, $14,077.05 will be refunded to Mr. John Hart, Jr., due to a change in law.
BUDGET IMPACT: Staff does not anticipate any impact to the budget at this time.
RECOMMENDATION:
Recommendation
Staff recommends that the Board approves the Resolution (Attachment A).
ATTACHMENTS:
Att. A - Resolution