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HomeMy WebLinkAboutFCS-13-140 - Applications for Cancellation, Reduction of TaxesKI Staff Report Finance an,d Corporate Services Department www kitchener ra REPORT TO: Council DATE OF MEETING: August 26, 2013 SUBMITTED BY: Dan Chapman, Deputy CAO PREPARED BY: Joyce V. Evans, Deputy City Treasurer, Director of Revenue WARD(S) INVOLVED: All DATE OF REPORT: August 19, 2013 REPORT NO.: FCS -13 -140 SUBJECT: Applications for Cancellation, Refund, Reduction of Taxes — August 26th Hearing RECOMMENDATION: That the applications to City Council for cancellation, reduction, refund of taxes totalling $181,370.80 as attached to Finance and Corporate Services Department report FCS -13 -140, 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: Forty two 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 $181,370.80. The required notices to the affected parties were sent out in accordance with the relevant legislation. 12 -1 KI Staff Report Finance an,d Corporate Services Department www1itchener ra 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 $24,950.27 13.756% rate it was taxed (Change of tax class) 357 (1) (c) Taxable to Exempt 104,407.62 57.566% 357 (1) (d) (i) Razed by Fire, Demolition or 34,477.50 19.009% otherwise 357 (1) (d) (ii) Damaged and substantially 5,586.50 3.080% unusable 357 (1) (f) Gross or Manifest 1,854.80 1.023% Clerical /Factual Error (in the assessment roll) 357 (1) (g) Repairs /Renovations preventing 10,094.11 5.565% normal use (min. 3 Months) Total $ 286,650.10 100.00% 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 is $39,669.67 in tax levy and $95.02 in BIA levy to be reduced. COMMUNITY ENGAGEMENT: The required notices to the affected parties were sent out in accordance with the relevant legislation under section 357 of The Municipal Act, S.O. 2001. ACKNOWLEDGED BY: Dan Chapman, MPA, CA, Deputy CAO and City Treasurer (Finance and Corporate Services) 12 -2