Loading...
HomeMy WebLinkAboutCS 04-08 Citff 01 REPORT TO EXECUTIVE COMMITTEE Report Number: CS 04-08 Date: February 11, 2008 C' > From: Gillis A. Paterson Director, Corporate Services & Treasurer Subject: Section 357/358 of the Municipal Act - Adjustment to Taxes Recommendation: 1. That Report CS 04-08 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 $101,556.51 with a net cost to the City of approximately $16,503 , 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 2008 Current Budget allocation under General Government - Provision for Uncollectable Taxes. Sustainability Implications: implications. This report does not contain any sustainability Background: 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 for the current year only. Section 358 of the Municipal Act, allows for the reduction of taxes due to assessment error and this section can be applied to property taxes for the two preceding years. 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 Report CS 04-08 Date: February 11, 2008 Subject: Section 357/358 of the Municipal Act - Adjustment to Taxes 5( Page 2 swimming pool, or damage caused by fire result In a reduction In assessment and taxes. One property reflects "no change" or reduction in their property taxes. This change is shown as having zeros in the corresponding columns. Municipal Property Assessment Corporation or MPAC staff have investigated the assessment reduction request. After completing their investigation, they have reached the conclusion that the property does not warrant a reduction in assessment and therefore, an adjustment in property taxes. 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. Attachments: 1. Section 357/358 Adjustment to Taxes - Taxable Prepared By: Approved I Endorsed By: ~j10~?OWUJ Tracy Parson Acting, Coordinator Taxation Services / /', ~.~"";;i?:!!t -'7 --.~ "~,,,,,,_. ...~- -' ,j ....., ~"-~;::~- '.'~~~--.::== ----:::- --> -~ Gillis A. Paterson Director, Corporate Services & Treasurer GAP:tp Attachment Cop : Chief Administrative Officer Recommended for the consideration of Pickering City Council :/ I' /" I CITY OF PICKERING I , I SECTION 357/358 ADJUSTMENTS TO TAXES - TAXABLE February, 2008 APP# NAME REASON FOR ADJUSTMENT YEAR ROLL NUMBER CITY REGION EDUCATION TOTAL 20/07 Brookdale Centre Inc Building Demolished 2007 010-018-21200 $15,552.67 $31,620.89 $50,379.69 $97,553.25 116/07 1381190 Ontario Ltd Building Demolished 2007 020-023-10200 $196.39 $399.29 $561.36 $1,157.04 121/07 Almont Homes Inc House Demolished 2007 020-025-46300 $161.51 $328.37 $118.80 $608.68 122/07 Michael/Paula Madden House Demolished 2007 010-019-14900 $394.79 $802.69 $290.40 $1,487.88 127/07 Larry Giles/Edith McGown Gross or Manifest Error - 2 car garage 2005 030-020-01700 $29.40 $57.36 $23.68 $110.44 128/07 Larry Giles/Edith McGown Gross or Manifest Error - 2 car garage 2006 030-020-01700 $29.67 $62.94 $23.76 $116.37 129/07 Larry Giles/Edith McGown Gross or Manifest Error - 2 car garage 2007 030-020-01700 $32.30 $65.67 $23.76 $121.73 131/07 556170 Ontario Limited Gross or Manifest Error - valuation 2005 020-022-07706 $0.00 $0.00 $0.00 $0.00 132/07 556170 Ontario Limited Gross or Manifest Error - valuation 2006 020-022-07706 $0.00 $0.00 $0.00 $0.00 01/08 Ken Spratley Renovations preventing normal use 2007 030-008-07700 $106.43 $216.40 $78.29 $401 .1 2 $16,503.16 $33,553.61 $50,056.77 $101,556.51 ~ > n :I: 3 m Z --i F- a :::0 m ""0 o ~ ~ (JI G -t.. ~ ~',