HomeMy WebLinkAboutFCS-14-151 - Tax Cancellations, Reductions, etcKI Staff Report
Finance an,d Corporate Services Department www kitchener ra
REPORT TO: Council
DATE OF MEETING: August 25, 2014
SUBMITTED BY: Joyce V. Evans, Deputy City Treasurer, Director of Revenue
PREPARED BY: Feras AbdulHadi, Tax Specialist
519- 741 -2200 x7440
WARD(S) INVOLVED: All
DATE OF REPORT: August 12, 2014
REPORT NO.: FCS -14 -151
SUBJECT: Applications for Cancellation, Refund, Reduction of Taxes —
August 25th Hearing
RECOMMENDATION:
That the applications to City Council for cancellation, reduction, refund of taxes totalling
$569,401.60 as attached to Finance and Corporate Services Department report FCS -14 -151, 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:
Seventy nine 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 $569,401.60. The required notices to the affected parties were sent out
in accordance with the relevant legislation.
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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
$36,093.49
6.34%
was taxed (Change of tax class)
357 (1) (c)
Taxable to Exempt
194,190.24
34.10%
357 (1) (d) (i)
Razed by Fire, Demolition or otherwise
12,805.54
2.25%
357 (1) (d) (ii)
Damaged and substantially unusable
387.38
0.07%
357 (1) (f)
Gross or Manifest Clerical /Factual Error
3,165.00
0.56%
(in the assessment roll)
357 (1) (g)
Repairs /Reno's preventing normal use
322,759.95
56.68%
(min. 3 months)
Total
$569,401.60
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 $142,783.45 in tax levy and $1,927.8 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, CPA, CA,
Deputy CAO and City Treasurer (Finance and Corporate Services)
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