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HomeMy WebLinkAboutFIN 18-14 C, -�00 Report to Executive Committee I KERING Report Number: FIN 18-14 Date: July 7, 2014 • From: Paul Bigioni Director, Corporate Services & City Solicitor Subject: Section 357/358 of the Municipal Act—Adjustment to Taxes Recommendation: 1. That Report FIN 18-14 of the Director, Corporate Services & City Solicitor be received; 2. That the write-off of taxes as provided for 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 referred to in Attachment 1 of this report represents a gross cost of$34,173.91, with a net cost to the City of approximately $7,913.16, 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 2014 Current Budget allocation under General Government— Provision for Uncollectable Taxes. The 2014 budget provision is $908,410.00, and $192,202.87 (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 is moved from industrial to commercial tax class or commercial to residential tax class. Demolitions and other physical changes to a property, such as 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. Fourteen of the applications in Attachment 1 reflect the comment "razed by fire, demolition." Seven applications were to remove older structures, and to date building permits have been issued to replace three of these structures. Five of these applications did not qualify for a tax reduction. Two applications were to remove a swimming pool which had been filled in. 380 Report FIN 18-14 July 7, 2014 Subject: Section 357/358 of the Municipal Act—Adjustment to Taxes Page 2 Thirteen of the applications referred to in Attachment 1 reflect the comment"ceases to be liable for tax rate at rate it was taxed". Seven of these applications had their assessment class revised to a class with a lower tax rate. Three properties moved between taxable and PIL classes. One property had no reduction as it was determined to be'appropriately assessed. Two properties became exempt from taxation as they were purchased by a church. Section 358 of the Municipal Act allows taxpayers to have their assessments revised by MPAC where they believe that they have been overcharged due to a gross or manifest clerical error on the part of MPAC. On this basis, taxpayers are allowed to seek reduction of their assessments for the current year as well as the two prior years. This section of the Act allows for the reduction of taxes due to such errors, once confirmed by the Regional Assessment Office of MPAC. Two of the applications in Attachment 1 reflects the comment "gross or manifest error". These properties were incorrectly double-assessed by MPAC, and this report will adjust the related accounting transactions to reflect the correct assessments for all eligible years. The purpose of Sections 357/358 is to allow the municipality and MPAC to quickly rectify assessment classification changes, and prior years' errors quickly without the property owner having to go through the formal assessment review process. Attachments: 1. Section 357/358 Adjustment to Taxes -Taxable Prepared By: Approved / Endorsed By: 06),(3 Donna DeLong Stan Karwowski Supervisor, Tax ion Division Head inance & Treasurer Paul Bigioni Director, Corp i rat- Se ices & City Solicitor 381 Report FIN 18-14 July 7, 2014 Subject: Section 357/358 of the Municipal Act—Adjustment to Taxes Page 3 Recommended for the consideration of • Pickering City Council % , W 2ot4 t Tony Prevedel, P.Eng. Chief Administrative Officer • • 382 . ATTACHMENT# ) TO REPORT#f_Le 19-!y' • C m a U- rm N N N N N N N N N N N 2 N N N 2 N 2 N N N N 2 N N 2 N 2 H°' m m m m m m m m m m m m m m m m m m m m m m m m m m m m m E- 0. • Q p rU N W N N V V 2 r O N m 8 O " m M V ° C T CD O CD r0 17.3 r 1 CD N. COO t00 V Q m P O S r�O CE: N n N fm O n v n V V r m V m m rn N m r _ CO C r CO N N 3 r N m N O 8 CO 22 8 8 N 8 V m iz O P O : ! : : : • C r r r m N V' V' Oi r r r N M (D r0 O n (j N m 7 M O O tri• 0 0 0 m m 'C' m N m 8 ° O 'O 0 ER N N . 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