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HomeMy WebLinkAboutFCS-13-185 - Applications for Cancellation, etc. of TaxesKI Staff Report Finance an,d Corporate Services Department REPORT TO: Council DATE OF MEETING: November 25, 2013 SUBMITTED BY: Dan Chapman, Deputy CAO PREPARED BY: Feras Abdulhadi, Tax Specialist WARD(S) INVOLVED: All DATE OF REPORT: November 18, 2013 REPORT NO.: FCS -13 -185 wwwkrtrhenerra SUBJECT: Applications for Cancellation, Refund, Reduction of Taxes — November 25th Hearing RECOMMENDATION: That the applications to City Council for cancellation, reduction, refund of taxes totalling $69,242.25 as attached to Finance and Corporate Services Department report FCS -13 -185, 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 four 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 $69,242.25. The required notices to the affected parties were sent out in accordance with the relevant legislation. 2 -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 Total Taxes Percentage 357 Section Reason for Application Reduced of Taxes Reduced 357 (1) (a) Ceases to be Liable for Taxes at rate it $236.66 0.342% was taxed (Change of tax class) 357 (1) (c) Taxable to Exempt 23,393.64 33.785% 357 (1) (d) (i) Razed by Fire, Demolition or otherwise 45,366.91 65.519% 357 (1) (f) Gross or Manifest Clerical /Factual Error 245.04 0.354% (in the assessment roll) Total $69,242.25 100.00% 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 $17,371.16 in tax 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) 2 -2