Loading...
HomeMy WebLinkAboutFIN-09-048 - Applications for Cancellation etc of Taxes 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 April 27, 2009 Dan Chapman, General Manager of Financial Services Joyce V. Evans, Director of Revenue (Ext. 2895) All April 21, 2009 FIN-09-048 Applications for Cancellation, Refund, Reduction or levy of taxes April 27th Hearing RECOMMENDATION: THAT pursuant to Section #357 of The Municipal Act, S.O. 2001 (applications to City Council for Cancellation, Reduction, refund or levy of taxes) Council approve thirty applications, totalling $20,035.00 as outlined in the report attached to FIN-09-048. BACKGROUND: Thirty applications for adjustment of taxes under Section #357 of The Municipal Act, S.O. 2001 were processed, resulting in a net reduction of taxes in the amount of $20,035.00. 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 $4,824.28 in tax levy to be reduced. ACKNOWLEDGED BY: Dan Chapman, General Manager of Financial Services & City Treasurer 8.6 - 1