HomeMy WebLinkAboutFIN-19-064 - Applications for Cancellation, Refund, Reduction of TaxesREPORT TO:Council
DATE OF MEETING:August 26, 2019
SUBMITTED BY:Saleh Saleh, Director of Revenue519-741-2200 x7346
PREPARED BY:Feras Abdulhadi, Tax Specialist519-741-2200x7440
WARD (S) INVOLVED:All
DATE OF REPORT:August 8, 2019
REPORT NO.:FIN-19-064
SUBJECT:Applications for Cancellation, Refund, Reduction of Taxes
th
August 26Hearing
___________________________________________________________________________
RECOMMENDATION:
That the applications to City Council for cancellation, reduction, refund of taxes totalling
$545,825.47 as attached to Financial Services Department report FIN-19-064, 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 refundall 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 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 $545,825.47.The required notices to the affected parties were sent out in
accordance with the relevant legislation.
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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 taxed20,196.98
357(1)(c)Became exempt46,425.92
357(1)(d)(i)Razed by Fire, Demolition or otherwise32,826.98
357(1)(d)(ii)Damaged and substantially unusable439,277.64
357(1)(f)Gross or Manifest Clerical/Factual Error (in the assessment roll)5,320.98
357(1)(g)Repairs/Renovations preventing normal use 1,776.97
Total545,825.47
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
$122,134.51 and $42,454.51 in BIA levies, which is accommodated within the 2019Operating
Budget.-
offs, which carries a net revenue budget of $1.17million annually.
COMMUNITY ENGAGEMENT:
INFORM This report has
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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