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I CABARRUS COt]NTYI <br /> NOR]H CAROLINA <br /> <br />February 3, 2004 <br /> <br />To; <br /> <br />From: <br /> <br />Subject: <br /> <br />Board of Commissioners <br /> <br />Pamela S. Dubois, Finance Director <br /> <br />Tax Reduction Specialist <br /> <br />On April 25, 2003 the County notified Tax Reduction Specialist (TRS) that <br />effective May 25, 2003 the County was ending our business relationship. <br />Any business that they had started needs to ceased by May 25th. Any in- <br />process work that was completed during this time period would be settled <br />once proper confirmation was received from the NC Department of Revenue <br />and TRS. At this time, one audit has been completed and we have received <br />notification from the NC Department of Revenue and TRS. That audit was <br />for Northeast Medical Center. At this time I am requesting that a budget <br />revision be approved for the payment for this work. I will approach the <br />Board at later dates when the County receives the other three audit <br />notifications. The other three audit are for Moravian Home/Winston-Salem, <br />Mecklenburg County, and Cabarrus County Schools. Per our agreement, we <br />will compensate TRS at 40% of the refunds and/or credits that Cabarrus <br />County receives from the audits <br /> <br /> Finance Department <br /> <br />PO Box707 · Concord, NC28026-0707 · 704-920-2104 <br /> <br /> <br />