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HomeMy WebLinkAboutFCS-15-063 - Applications for Tax Cancellations, Reductions, etcStaff Report rTC.�r R finance and Corporate Services Department www.kitchener.ca REPORT TO: Council DATE OF MEETING: May 11, 2015 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: April 30, 2015 REPORT NO.: FCS -15 -063 SUBJECT: Applications for Cancellation, Refund, Reduction of Taxes — May 11th Hearing RECOMMENDATION: That the applications to City Council for cancellation, reduction, refund of taxes totalling $185,939.38 as attached to Finance and Corporate Services Department report FCS -15 -063, 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 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 $185,939.38. The required notices to the affected parties were sent out in accordance with the relevant legislation. * ** This information is available in accessible formats upon request. * ** Please call 519- 741 -2345 or TTY 1- 866 - 969 -9994 for assistance. 4. -1 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 357 Section Reduced 357 (1) (c) Became exempt 129,085.33 357 (1) (d) (i) Razed by Fire, Demolition or otherwise 55,781.15 357 (1) (f) Gross or Manifest Clerical /Factual Error 1,072.90 (in the assessment roll) Total $185,939.38 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 a reduction in current year revenue of $43,435.97. 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) 4. -2