ResolutionTHAT the City of Greater Sudbury strikes the amount of $30,919.42 from the tax roll, as outlined in the report entitled "Tax Adjustments Under Sections 357 and 358 of the Municipal Act" from the General Manager of Corporate Services, presented at the City Council meeting on April 24, 2018;
AND THAT staff be directed to prepare a by-law.
Finance ImplicationsOf the total taxes to be struck from the tax roll, the City's portion is $9,820.94. This amount as well as previous amounts struck from the roll for 2016 is within the budget amount for tax write offs.
Relationship to the Strategic Plan / Health Impact Assessment
This report refers to operational matters.
Report SummarySections 357 and 358 of the Municipal Act authorize the cancellation, reduction and/or refund of property taxes under certain circumstances. These may include fire/demolition, change in tax class, tax exemption, or gross or manifest error.
With the assistance of the Municipal Property Assessment Corporation the Finance Division verifies applications, calculates the tax adjustment and amends the tax roll accordingly.
Applications are reported to City Council for approval on a regular basis.
Of the total taxes to be struck from the tax roll, the City's portion is $25,963.82 and the adjustment has been included in the 2017 financial records.