HomeMy WebLinkAboutFIN-19-018 - Applications for Cancellation, Refund, Reduction of Taxes - March 4th HearingREPORT TO:Council
DATE OF MEETING:March 4, 2019
SUBMITTED BY:Saleh Saleh, Director of Revenue519-741-2200 x7346
PREPARED BY:Feras Abdulhadi, Tax Specialist519-741-2200 x7440
WARD (S) INVOLVED:All
DATE OF REPORT:February 15, 2019
REPORT NO.:FIN-19-018
SUBJECT:Applications for Cancellation, Refund, Reduction of Taxes
th
March 4Hearing
___________________________________________________________________________
RECOMMENDATION:
That the applications to City Council for cancellation, reduction, refund of taxes totalling
$165,007.37 as attached to Finance and Corporate Services Department report FIN-19-
018, 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:
Fifty sevenapplications 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 $165,007.37.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 1-866-969-9994for assistance.
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The following table shows a breakdown of the reduction in taxes in this report by the applicable
reason.
Municipal Act 357 Total Taxes
Reason for Application
SectionReduced
357 (1) (a)Ceases to be liable for tax at rate it was taxed10,454.50
357 (1) (c)Became exempt22,440.84
357 (1) (d) (i)Razed by Fire, Demolition or otherwise78,345.53
357 (1) (d) (ii)Damaged and substantially unusable46,705.46
357 (1) (f)Gross or Manifest Clerical/Factual Error (in the assessment roll)2,150.20
357(1)(g)4,910.84
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Total165,007.37
ALIGNMENT WITH CITY OF KITCHENER STRATEGIC PLAN:
the delivery of core service.
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
$36,298.49and $1,935.54in BIA levies, which is accommodated within the 2019operating
budget.-
offs, which carries a net revenue budget of $1.17million annually.
COMMUNITY ENGAGEMENT:
INFORM
council / committee meeting.
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: Jonathan Lautenbach, Chief Financial Officer.
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