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HomeMy WebLinkAboutFCS-11-162 - Applications - canc.ref.red taxesStaff Re~p~r~ I~~rc~~nT~~ Finance and Corporate Services 1~eparfinent w~+w.kitthenerca REPORT TO: Mayor Carl Zehr and Members of Council DATE OF MEETING: August 29t", 2011 SUBMITTED BY: Dan Chapman, Deputy CAO. 2347 PREPARED BY: Joyce V. Evans, Deputy City Treasurer, Director of Revenue WARD(S) INVOLVED: All DATE OF REPORT: August 11t", 2011 REPORT NO.: FCS-11-162 SUBJECT: Applications for Cancellation, Refund, Reduction of Taxes August 29th Hearing RECOMMENDATION: That the applications to City Council for cancellation, reduction, refund of taxes totalling $367,640.11 as attached to Finance and Corporate Services Department report FCS-11-162, be approved, pursuant to Section 357 of the Municipal Act. BACKGROUND: Section 357 of the Municipal Act allows the local municipality to cancel, reduce or refund all or part of taxes levied on land in the year in respect of which the application is made for certain specific reasons as laid out in this section of the Act. REPORT: Thirty six applications for adjustment of taxes under Section 357 of The Municipal Act, S.O. 2001 were processed under Section 357 of the Municipal Act, resulting in a net reduction of taxes in the amount of $367,640.11. The required notices to the affected parties were sent out in accordance with the relevant legislation. 7-1 Staff Re~p~r~ I~~rc~~nT~~ Finance and Corporate Services 1~eparfinent www.kitchenerca The following table shows a breakdown of the reduction in taxes in this report by the applicable reason. Municipal Act Reason for Application Total Taxes Percentage of 357 Section Reduced Taxes Reduced 357 (1) (a) Ceases to be Liable for Taxes at $ 9,966.56 2.711% rate it was taxed (Change of tax class) 357 (1) (c) Taxable to Exempt 131,409.29 35.744% 357 (1) (d) (i) Razed by Fire, Demolition or 224,782.74 61.142% otherwise 357 (1) (d) (ii) Damaged and substantially 1,472.53 0.401 unusable 357 (1) (f) Gross or Manifest 8.99 0.002% Clerical/Factual Error (in the assessment roll) Total $ 367,640.11 100.00% ALIGNMENT WITH CITY OF KITCHENER STRATEGIC PLAN: Foundation: Efficient and Effective Government Goal: Customer Service Strategic Direction: Initiate corporate wide customer service standards and policies to ensure consistent levels of service in all departments and locations. FINANCIAL IMPLICATIONS: The tax reductions are shared with the Regional Municipality of Waterloo and the School Boards. The net effect to the City of Kitchener amounts to $82,112.18 in tax levy to be reduced. COMMUNITY ENGAGEMENT: The detail of each individual 357 application is related to personal property and therefore is confidential. Therefore community engagement is not applicable. ACKNOWLEDGED BY: Dan Chapman, MPA, CA, Deputy CAO and City Treasurer (Finance and Corporate Services) 7-2