HomeMy WebLinkAboutCS 66-05PICKERING
REPORT TO
EXECUTIVE COMMITTEE
Report Number: CS 66-05
Date: August 31, 2005
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 66-05 of the Director, Corporate Services be
received; and that:
2. the write-offs of taxes as provided under Section 357 and 358 of the Municipal Act,
R.S.O. 2001, as amended, 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 $4,594.55 with a net cost to the City of approximately
$928.04, the balance being charged back to the Region of Durham and the School
Boards. (The education taxes for the Public Works Canada properties will be charged
to the City.) Pickering's share of the costs will be charged to the 2005 Current Budget
allocation under General Government - Provision for Uncollectable Taxes. (This
account reflects property tax reductions mainly due to Minutes of Settlement,
Assessment Review Board Decisions and Council approved Section 357/358
reductions.) The 2005 budget provision is $173,163 and $85,871.11 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. Section 357 of the
Municipal Act 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 allows for the reduction of taxes due to assessment error and this section
can be applied to property taxes for the two preceding years.
Three properties on the attached document are for properties owned by the Federal
Government (Public Works Canada.) The assessment class change from taxable to
Report CS 66-05
Subject: Section 357~358 of the Municipal Act - Adjustment to Taxes
August 31,2005
Page 2
payment-in-lieu have no change in dollar value. The only effect in property taxes for the
Public Works properties are the cost is shared only between the City and the Region.
The Federal Government properties are classifed as a "Payment-in-lieu-of Taxes" or
(PIL) propedies and the municipality is able to retain the education portion of the
property taxes. Therefore, the City's share of the property tax write-off is higher for PIL
properties.
Attachment:
1. Section 357/358 Adjustment to Taxes
Prepared By:
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Tax Analyst
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Attachment
Copy: Chief Administrative Officer
Recommended for the consideration of
Pickering City Council
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Approved / Endorsed By:
Gillis A. Paterson
Director, Corporate Services & Treasurer
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