148th GENERAL ASSEMBLY

FISCAL NOTE

REVISED

Bill: SENATE BILL NO. 249

sponsor: Senator Simpson

DESCRIPTION: AN ACT TO AMEND TITLE 9 OF THE DELAWARE CODE RELATING TO PROPERTY TAXES

ASSUMPTIONS:

1. This Act is effective upon signature of the Governor.

2. This legislation will add the Milford Housing Development Corporation (MHDC), EJB, Inc., Martha and Mary’s Place, Inc. and Crestmoor Swim Club to the list of tax exempt organizations.

3. Milford Housing Development Corporation pays a combined $28,365.71 in property taxes to New Castle County, Appoquinimink School District and the New Castle County Vocational-Technical School District for two properties located in the Town of Middletown. This amount is broken down as follows:

a. Appoquinimink School District: $22,783.60

b. New Castle County Vocational Technical School District: $1,994.39

c. New Castle County Government: $3,587.72

4. EJB, Inc. pays a combined $1,072.94 in property taxes to the Capital School District, Polytech School District, and Kent County. This amount is broken down broken downs as follows:

a. Capital School District: $812.46

b. Polytech School District: $83.48

c. Kent County Government: $177.00

5. Martha and Mary’s Place, Inc. pays a combined $99.15 in property taxes to the Caesar Rodney School District, Polytech School District, and Kent County. This amount is broken down broken downs as follows:

a. Caesar Rodney School District: $71.63

b. Polytech School District: $8.21

c. Kent County Government: $19.31

6. Crestmoor Swim Club pays a combined $5,618.35 in property taxes to the Red Clay Consolidated School District, New Castle County Vocational Technical School District, and New Castle County. This amount is broken down broken downs as follows:

a. Red Clay Consolidated School District: $3,799.36

b. New Castle County Vocational Technical School District: $296.83

c. New Castle County Government: $1,522.16

In addition, Crestmoor Swim Club owes a combined $9,064.96 in prior school taxes and penalties to Red Clay Consolidated School District and New Castle County Vocational Technical School District plus $3,241.04 in prior county taxes and penalties.

Cost:

Fiscal Year 2016: $38,914.92 (local school district property taxes as indicated above)

Fiscal Year 2017: $38,914.92 (local school district property taxes as indicated above)

Fiscal Year 2018: $38,914.92 (local school district property taxes as indicated above)

Office of Controller General (Amounts are shown in whole dollars)

June 20, 2016

MSJ:MSJ

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