Loading...
HomeMy WebLinkAboutCS 09-04 Ciú/ t.1~ REPORT TO EXECUTIVE COMMITTEE Report Number: CS 09-04 Date: April 19, 2004 From: Gillis A. Paterson Director, Corporate Services & Treasurer Subject: Section 357/358 of the Municipal Act - Adjustment to Taxes Recommendation: 1. It is recommended that Report CS 09-04 of the Director, Corporate Services & Treasurer be received and that: 2. the write-offs of taxes as provided under Section 357/358 of the Municipal Act, 2001 be approved; and, 3. the appropriate officials of the City of Pickering be authorized to take the necessary action to give effect hereto. Executive Summary: Not Applicable Financial Implications: If approved, the write-off of taxes as contained in this report represents a gross cost of $10,625.43 with a net cost to the City of approximately $2,731.86, the balance being charged back to the Region of Durham and the School Boards. Pickering's share of the costs will be charged to the 2004 Current Budget allocation under General Government - Provision for Uncollectable Taxes. The 2004 recommended budget provision is $173,163 and $8,584.50 including the above has been spent to date. Background: The Municipal Act provides the Treasurer with various tax tools regarding the administration and collection of property taxes. Under the provisions of the new Municipal Act, 2001, as amended, Section 357 of the Act (formerly Section 442) provides for the reduction of taxes due to fire, demolition, exemption, assessment change or error and the tax reduction is applicable to the current year only. Section 358 of the new Municipal Act (formerly Section 443) allows for the reduction of taxes due to assessment error and this section can be applied to property taxes for the two preceding years (2001 & 2002). Change in realty tax class can translate into lower property taxes if the property went from industrial to commercial tax class or commercial to residential tax class. When the City of Pickering acquires property, the property becomes exempt from taxation and Report CS 09-04 Date: April 19, 2004 Subject: Section 357/358 of the Municipal Act - Adjustment to Taxes Page 2 therefore, the taxes have to be cancelled, as reflected in the attached report. Demolitions, and other physical changes to a property, such as removing or filling in a swimming pool, or damage caused by fire result in a reduction in assessment and taxes. Attachments: 1. Section 357/358 Adjustment to Taxes Prepared By: Approved I Endorsed By: c---' .? .. ;)~~~~ "....", - Gillis A. Paterson Director, Corporate Services & Treasurer GAP:tp Attachment Copy: Chief Administrative Officer Recommended for the consideration of Pickering City Council f' v/ " CITY OF PICKERING SECTION 357/358 ADJUSTMENTS TO TAXES April 2004 APP# NAME REASON FOR ADJUSTMENT YEAR ROLL NUMBER CITY REGION EDUCATION TOTAL 01/04 Ross & Linda Patey House Fire 2003 010..Q27-17000 142.10 276.84 132.99 551.93 03/04 Bopa Developments "Became Exempt 2003 030-020-20559 171.82 334.73 160.80 667.35 04/04 Bopa Developments "Became Exempt 2003 030-020-20585 171.82 334.73 160.80 667.35 05/04 Bopa Developments "Became Exempt 2003 030..Q20-20590 651.47 1,269.18 609.70 2,530.35 06/04 Bopa Developments "Became Exempt 2003 030-020-20580 171.82 334.73 160.80 667.35 07/04 Bopa Developments "Became Exempt 2003 030-020-20595 633.57 1,234.31 592.95 2,460.83 26/04 Victorian Homes "Became Exempt 2003 030-002..Q8170 221.93 432.36 207.70 861.99 32/04 Jose & Gwen Wanzeller Gross/Manifest Clerical Error 2002 010-038..Q5800 266.65 518.94 264.83 1,050.42 33/04 Jose & Gwen Wanzeller Gross/Manifest Clerical Error 2003 010-038..Q5800 300.68 585.78 281.40 1,167.86 2,731.86 5,321.60 2,571.97 10,625.43 ~ ~ ::I: 3: m Z -I ~ -I 0 :::0 m -C '"' '-J ~ :: :t ~ ~ ~ Note: MPAC is The Municipal Property Assessment Corporation These properties (vacant land) were conveyed to the City as part of the subdivision/development agreement <:> --.(