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HomeMy WebLinkAboutCST 08-12 Report To 8 9 Executive Committee PICKERING Report Number: CST 08-12 Date: April 10, 2012 From: Gillis A. Paterson Director, Corporate Services & Treasurer Subject: Section -357/358 of the Municipal Act - Adjustment to Taxes Recommendation: 1. That Report CST 08-12 of the Director, Corporate Services & Treasurer be received; 2. That the write-offs of taxes as provided under Section 357/358 of the Municipal Act, 2001 be approved; and, 3. That 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 $86,012.96 with a net cost to the City of approximately $17,029.31, 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 2012 Current Budget allocation under General Government - Provision for Uncollectable Taxes. The 2012 budget provision is $276,310.00 and $54,380.45 (including the above) has been spent to date. Discussion: The Municipal Act provides the Treasurer with various tax tools regarding the administration and collection of property taxes. Under the provisions of Section 357 of the Municipal Act, reduction of taxes due to fire, demolition, exemption, assessment change or error is allowed. 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. Demolitions, and other physical changes to a property, such as removing or filling in a swimming pool, or damage caused by fire or flooding, result in a reduction in assessment and a corresponding reduction in property taxes. One property reflected "no recommendation" in their_property taxes, which is shown as having zeros in the corresponding columns. In general, "no recommendation" means that either a reduction in assessment was not warranted or further property tax reduction was not necessary as per the Assessment Act. In other words, these applicants were reviewed by the Municipal Assessment Corporation (MPAC) and MPAC Report CST 08-12 Date: April 10, 2012 gp Subject: Section 357/358 of the Municipal Act - Adjustment to Taxes Page 2 has determined that these applications are not eligible for relief. If the property owner does not agree with MPAC's recommendation, they have the right to appeal to the Assessment Review Board under subsection 7 of the Municipal Act, 2001. Section 358 of the Municipal Act, allows the taxpayer to have their assessment revised by MPAC where they believe that they have been overcharged due to a gross or manifest clerical error on the part of MPAC. They are allowed to have the current year, plus two prior years in which the application is made. This section of the Act allows for the reduction of taxes due'to such errors, once confirmed by the Regional Assessment Office of MPAC. The purpose of Sections 357/358 is to allow the municipality and MPAC to quickly rectify assessment classification changes, and prior year's errors quickly without having the property owner having to go through the formal assessment review process: Attachments: 1. Section 357/358 Adjustment to Taxes - Taxable Prepared.By: Approv d / Endorsed By: Donna DeLong Gi lis A. Paterson Supervisor, Taxation Director, Corporate Services & Treasurer GAP:dd Co : Chief Administrative Officer Recommended for the consideration of Pickering Cit ouncil . z,3 zo~~ Tony Prevedel, P.Eng. 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