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HomeMy WebLinkAboutCS 25-10 Report To Executive Committee PICKERING Report Number: CS 25-10 Date: June 14, 2010 117 From: Gillis A. Paterson Director, Corporate Services & Treasurer Subject: Section 357/358 of the Municipal Act- Adjustment to Taxes Recommendation: 1. That Report CS 25-10 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 $20,631.52 with a net cost to the City of approximately $3,956.58 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 2010 Current Budget allocation under General Government - Provision for Uncollectable Taxes. The 2010 budget provision is $275,185 and $73,790.19 including the above has been spent to date. Sustainability Implications: This report does not contain any sustainability implications. 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. Report CS 25-10 Date: June 14, 2010 Subject: Section 357/358 of the Municipal Act - Adjustment to Taxes Page 2 Demolitions, and other physical changes to a property, such as removing or filling in a swimming pool, or damage caused by fire result in a reduction in assessment and taxes. One property reflects "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. 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 / Endorsed By: RS- Tracy Parso s Gillis A. Paterson Acting, Coordinator Taxation Services Director, Corporate Services & Treasurer GAP:tp Cop : Chief Administrative Officer Recommended for the consideration of Pickering City uncil Tony Prevedel, P.Eng. Chief Administrative Officer ATTACHMENT#--LTO REPORT #!Lo2S--l M V' O O N co I- N Ir cl m ~ v N 1 1 9 J r v o w y r Q Z~ M~r c~ F to m oc m O - N Z O O a0 O ('7 a0 N M O r n V O A tD Co 1~ N N NOD O (00 V m- Q N CO V co co O W Z (D c a 0 0 M -It N N to Oi Vi O ri co N N co O ON an 7 -It D O W ~ O 0 O O 7 0 0 a N 0 M (h q 0 m fM N r M co O O u) O N Ifni r V N c \i U cl) . M IT C O o I- O N W o 0 o o r o L r) m OOM.Mco mm' r- OO O O O N V Z hr- ai of o co h J O O V J 0 0 0 0 0 0 0 O 0 0 0 C. 0 0 0 R' 0 0 0 0 00 0 d' I- ao aD m m m o Q O O O o c) O _ ~y] 0 0 0 0 0 0 O } N N N N N N N H W Q H O o U 0 Z Z W rn W O o a) c U ~ a°v a as a z LLJ CD CD a a o 0 7 0 Q m w C C F N Of 0) c c N U h U U "O 'O co _ M N c,4 4x, ax) O co r VlOA Z O O io a5 u) 0 N N a Q o as as -o o y y o 3 3 U co u) W N (D 4) N o 0 0 o a v) w U) Q Q m m o m m E w o -2- m o b o U U O U O U oa. L ~ a~ a~ o o a~ a~ U U U o U of w mm m4 o O momsooo O oS~C2 to o ovv `0m 0 Q N N a1 a) w -D N W N N N y w w w O O N N O N O (D(9UU(7Of 0 M N N f6 M o) 7 3 0 0. 0 ~ N N ~ m (6 J E E U p O L L C C U .a5. a E r aci aci c as - Y Y O ~ O W co C C L m Q m Y ~mEE.~o z ro o - QQz°Z0. CL m m m m o 0 0 CL o 0 0 0 Q u>comvu3w"r V TLD un r.--N