HomeMy WebLinkAboutFIN-06-060 - Applications for Cancellation, Refund, Reduction or Levy of Taxes Dec 18 Hearing
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Financial Services
Report To:
Date of Meeting:
Submitted By:
Prepared By:
Ward(s) Involved:
Date of Report:
Report No.:
Subject:
Mayor Carl Zehr and Members of Council
December 18, 2006
Pauline Houston, General Manager of Financial Services
& City Treasurer
Joyce V. Evans, Director of Revenue (Ext. 2895)
All
December 11 , 2006
FIN-06-060
Applications for Cancellation, Refund, Reduction or Levy of Taxes
December 18th Hearing
RECOMMENDATION:
It is recommended that, pursuant to Section #357 of The Municipal Act,
S.D. 2001, applications to City Council for Cancellation, Reduction,
refund or levy of taxes, Council approve the thirty six applications,
totalling $146,182.25, in the report attached to FI N-06-060.
BACKGROUND:
Thirty six applications for adjustment of taxes under Section #357 of The Municipal Act, S.D. 2001
were processed, resulting in a net reduction of taxes in the amount of $146,182.25. The required
notices to the affected parties were sent out in accordance with the relevant legislation.
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 amounts to $30,628.15 in tax levy to be
reduced.
Joyce V. Evans, MPA, FCGA
Director of Revenue
Pauline Houston, CA
General Manager of Financial
Services & City Treasurer