HomeMy WebLinkAboutC.054.93008_1032587
James Epperson, Sr.
3314 Sedgefield
Statesville, NC $28.35
Mary Goodson Lewis
Route 15, Box 250
Statesville, NC $20.36
D. C. Sproul, Jr.
and Beverly Sproul
Route 5, Box 555
Mooresville, NC $12.72
TOTAL REFUNDS: $131.20
DISCUSSION OF TRENDING OF BUSINESS PERSONAL PROPERTY: Mrs. Troutman introduced Roger Ellis
from the N. C. Department of Revenue, Ad Valorem Tax Division, who discussed with the board trending
of business personal property. Mrs. Troutman introduced Howard Vanderford, Business Personal
Property appraiser for the county.
Mr. Ellis told the board that in recent years the utility companies have been successful in
challenging the level of assessments of property in various counties and have managed to get tax
refunds because of this assessment level.
The biggest area of personal property in any county is business personal property, inventory,
machinery, etc. Under the provisions of the law effective recently, the Department of Revenue will
be required to analyze the assessment system in every county to determine whether or not the county
is doing such things as they deem necessary to reach the true value of business machinery and
equipment. Mr. Ellis' department has mailed out questionnaires in reference to this assessment,
and some of the counties have asked him to come and take a look at it now. Mrs. Troutman has
invited him to look at Iredell County's methodology of assessing machinery and equipment. The
county formerly used historical cost less depreciation. The recommendation from the State that they
have implemented in 80 counties throughout the state is the replacement cost approach. This
methodology is trending or indexing original cost information.
Mr. Ellis said this is an appraising technique; it requires no formal action of the board of
commissioners. However, when there is a change of methodology that affects values, then the tax
assessors want to bring this to your attention. He said he believed it was necessary for counties
to go to this method in order for them to be ablo to certify personal property for the purpose of
weighting personal property in connection with utility appeals. The trending concept in the accoun-
ting approach is recommended beginning in 1986 by using the manual the Ad Valorem Division has
developed.
The board members discussed this matter with Mr. Ellis.
MOTION from Chairman Hedrick to proceed with the trending of business personal property for the
tax year 1986.
VOTING: Ayes - 4; Nays - 0.
TAX COLLECTION REPORT, MONTH OF FEBRUARY 1986: Mr. Joe Ketchie, Tax Collector, presented the
collection report for the month of February 1986. MOTION from Chairman Hedrick to accept this
"- report.
VOTING: Ayes - 4; Nays - 0.
HEALTH DEPARTMENT - FEES APPROVED: The County Manager informed the board of a request for
approval of a fee for blood glucose analysis and hematocrit at a cost of $3 for each test. This
request has been approved by the Iredell County Board of Health and Mr. Deal recommends approval of
the county board of commissioners.
MOTION from Commissioner Crosswhite to approve these fees as recommended by the county manager
and approved by the board of health at a cost of $3 each for blood glucose analysis and hematocrit.
VOTING: Ayes - 4; Nays - 0.
BIDS - VAN FOR SHERIFF'S DEPARTMENT: Ms. Evie Caldwell, Purchasing Agent, presented the bids
for a van at the sheriff's department to the board. The following bids were received:
Boggs Motor Company $12,395.80
Morrow Chevrolet $12,640.00
Bell & Howard Chevrolet $12,778.07
Ms. Caldwell discussed the exceptions in the bids with the board. She said that the van did
not come with a spot light, but Boggs has said the spot light could be bought from a local parts
' house andmounted by Boggs. Total cost of the addition of the spot light would be $121.08. With
the addition of the spot light, Boggs would still be the low bidder at $12,516.88.