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HomeMy WebLinkAboutTR 20/98 - - .- \ 76" ,tItI OF PIC :;Om\ :r Z f- Cil ~ REPORT TO COUNCIL FROM: Gillis A. Paterson Director of Finance & Treasurer DATE: June 3, 1998 REPORT NUMBER: TR 20-98 '- SUBJECT: Section 442 of the Municipal Act - Adjustments to Taxes. RECOMMENDATION: That Report No. TR 20/98 be received; and / That the write-off of taxes due to demolition, clerical error, exemption or vacancy, as provided under Section 442 of the Municipal Act be approved. ORIGIN: Director of Finance & Treasurer AUTHORITY: The Municipal Act, Section 442. FINANCIAL IMPLlCATlONS: If approved, the write-otI of taxes as contained in this report represents a gross cost of $2,236.79, with a net cost of approximately $380, the balance being charged back to the Region of Durham and the School Boards. EXECUTIVE SUMMARY: Not applicable. BACKGROUND: The reduction of taxes due to removal or demolition; exemption or clerical error; business moved out of premises, is provided for under Section 442 of the Municipal Act. Write-offs of this nature are considered normal in the conduct of business. With two minor exceptions, the write-off's are all for the 1997 taxation year but will be charged to the 1998 budget account 2134, Provision for Uncollectable Taxes. A TT ACHMENTS: I. Section 442 Adjustments to Taxes dated May 21, -1998 I, \ , ',':,f.; .' ..iro'~'-i' '" :0> .~: - .:' .. . . . . II II II II II II II II II II I II II I II I I . ~ - \ Report to Council TR 20-98 Date: June 3, 1998 Subject: Section 442 of the Municipal Act - Adjustments to Taxes Page 2 Prepared By: , j / 1/~/.2-n- /J u.; -"'r"; M. V~ Riese~ Approved / Endorsed By: g~7~ ___/ 7- - ./ ''---- ---. -. Gillis A. Paterson GAP:dk Attachments Copy: General Manager '- / 77 :: i1 !i " .