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City of Effingham
Tax
Rebate Participation
Download Application
NEIGHBORHOOD REVITALIZATION PLAN
Purpose:
This plan is intended to promote the revitalization and development of the
County of Atchison by stimulating new
construction and the rehabilitation, conservation or redevelopment of the
area in order to protect the public health, safety or welfare of the
residents of the County by offering certain incentives, which include tax
rebates.
CRITERIA FOR DETERMINATION OF ELIGIBILITY
(A)
"Structure" means any building, wall or other structure assimilated and
attached to the real estate. Swimming
pools, communication towers, and residential fences are excluded. Structures
may be new construction or rehabilitation of existing.
New structure is defined
as: free-standing with no common walls.
Rehabilitated is defined as:
improvements to an existing structure and/or
attached to an existing
structure.
New garages are categorized as "new" whether
detached or attached to an existing structure.
(B)
There will be
a four-year application period, ending November 1, 2013. At the end of the
four years, the taxing entities will review
the plan and determine its continuation. Those approved during the four-year
period shall continue to receive the tax rebate for the full term of the
rebate period.
(C)
To qualify the
applicant must have received official project approval from the Atchison
County Appraiser's
office before construction of improvements begins.
Those applications submitted after commencement
will
be rejected.
(D)
There must be a minimum investment
of $5,000 for residential property, to receive a tax rebate. Cost
estimates of the proposed investment must be submitted with this
application.
(E)
There must be a minimum investment of
$10,000 on agricultural, commercial and/or industrial property, to
receive a tax rebate. Cost
estimates of the proposed investment must be submitted with this
application.
(F)
The new, as well as the existing
improvements on property must conform with all other codes, rules, and
regulations in effect at the time the improvements are made, and for the
length of the rebate, or the rebate may be terminated.
(G)
Any property that is delinquent in any tax payment and/or special
assessment shall not be eligible for
any rebate for the year of the
delinquency.
Delinquency is defined as: "Any tax
and/or special assessment that are not paid by the scheduled due
dates and has entered into a period where interest is assigned as a penalty
by the county for unpaid condition.
(H) Each property eligible for tax incentives
under any adopted Neighborhood Revitalization Plan and any
existing tax abatement program, must submit
a separate application per structure. For example, a separate
application must be submitted for each new house, garage, agricultural
building, commercial building, etc., even if they are on the same parcel.
(I) Tax rebate is applicable
in participating taxing units (USD 409, USD 377, Atchison County, Benton and
Grasshopper Townships, Cities
of Atchison, Huron and Muscotah). Tax rebate will be based on the
increase of appraised value
due directly to the improvements made. The amount of the increase in the
year following completion will be used
throughout the term of the program.
(J)
The Tax rebate will transfer to subsequent owners if they comply with plan
rules. The participating owner
is responsible for passing on the rules and
general information of the plan to any subsequent owner.
THE INTENDED PURPOSE OR
USE OF THE STRUCTURE WILL DETERMINE IF THE PROJECT IS
AGRICULTURE, COMMERCIAL, INDUSTRIAL, OR RESIDENTIAL
Tax Rebate Spreadsheet
The following table illustrates the refund percentages for each property
class and the corresponding rebate term.
|
Year |
Residential
Rehabilitation
$5,000 + |
New
Residential
$5,000
+ |
Commercial
Agricultural
Industrial
$10,000
+ |
Commercial Agricultural
Industrial
$500,000
+ |
|
1 |
95% |
95% |
95% |
95% |
|
2 |
95% |
95% |
95% |
95% |
|
3 |
95% |
75% |
80% |
95% |
|
4 |
80% |
55% |
75% |
95% |
|
5 |
70% |
45% |
65% |
85% |
|
6 |
60% |
35% |
55% |
85% |
|
7 |
50% |
25% |
35% |
70% |
|
8 |
40% |
None |
None |
50% |
|
9 |
30% |
None |
None |
30% |
|
10 |
20% |
None |
None |
20% |
5% of the increased tax bill will be withheld annually by the County for
administration of the plan, with a $25.00 minimum.
Refund is
based on rebate value only, not the total tax bill.
Rebate
$ will only be refunded from the following municipalities within your
taxing unit which adopted the Rebate Program:
City of Atchison
City of Effingham
City of Muscotah
City of Huron
Atchison County
USD 409
Benton Township
USD 377
Grasshopper Township
Reminder:
Any property that is delinquent
in any tax payment and/or special assessment shall not
be eligible for any rebate for the year of the delinquency.
APPLICATION PROCEDURE
1)
Completed
application must be filed with the County Appraiser's Office, with a
non-refundable $25.00 application fee, prior to the commencement of
construction. The applicant will be given a complete copy of the
Application/Attachments.
2)
After the following
have been reviewed, the County Appraiser's Office, within fifteen (15)
working days, will notify the applicant with an approval or denial of
project:
a)
Verify that the
applicant is the owner of record or the owner has also signed the
application.
b)
Verify that taxes
are paid current with no delinquent taxes due.
c)
Inspect the site to
ensure that no construction has been started.
d)
Review the cost
estimates to verify the minimum investment is being met.
3)
The County Appraiser's Office will notify the County
Clerk, the Chamber of Commerce President,
and the City Engineer of all
approved applications, for monitoring purposes.
4)
Periodic
inspections will be done during the construction process. Any forms left at
the site must be completed and returned to the Appraiser's Office as soon as
possible.
5)
Appraised value is
established as of January 1 each year. To qualify for the Rebate to begin,
the project must be completed by January 1.
6)
For any
improvement/remodeling project that is only partially completed as of
January 1:
a) The owner-applicant must notify
the County Appraiser indicating the status of construction
on January 1 of each year in
which the project remains incomplete.
7)
For any improvement/remodeling project that is completed on or before
January 1:
a)
The owner-applicant
must file Part 2 of the application with the County Appraiser after
completion of the project.
Increase in value due to the
Improvement will not be on the Rebate Program without Part 2 returned
to the Appraiser's Office.
b)
After receiving the Part 2, the County Appraiser will
determine if the project is in compliance
with the eligibility requirements
for a tax rebate and shall notify the applicant-owner.
8)
Upon the payment of the real estate tax for the subject property for the
initial and each succeeding year through
the specified rebate period, and within a thirty (30) day period following
the date of tax distribution by Atchison County to the other taxing
units, a tax rebate in the amount of the tax increment (less an
administrative fee as specified in the Interlocal Agreement) shall be made
to the owner. The tax rebate shall be
made by the County Treasurer's Office of Atchison County through the
Neighborhood Revitalization Fund established in conjunction with the other
taxing entities and other taxing units participating in an Interlocal
Agreement. An annual report shall be provided to the
local taxing units. |
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