4.         UNCOLLECTABLE TAXES – SECTION 354 (1)(2) OF THE MUNICIPAL ACT, 2001, S.O. 2001, c.25

 

TAXES D’AFFAIRES NON PERCEVABLES, - ARTICLE 354 (1)(2) DE LA LOI SUR LES MUNICIPALITÉS, 2001, L.R.O. 2001, C.25

 

 

 

 

Committee Recommendation

 

That Council approve taxes and interest/penalties in the amount of $51,752.96 be struck from the collector's roll.

 

 

Recommandation du comité

 

Que le Conseil municipal approuve que les impôts et les intérêts/pénalités de 51 752,96 $ soient retranchés du rôle de perception.

 

 

Documentation

 

1.   City Treasurer’s report dated 31 October 2008 (ACS2008-CMR-FIN-0047)

 

Report to/Rapport au :

 

Corporate Services and Economic Development Committee

Comité des services organisationnels et du développement économique

 

and Council / et au Conseil

 

31 October 2008 / le  31 Octobre 2008

 

Submitted by/Soumis par : Marian Simulik, City Treasurer, Trésorière municipal     

 

Contact Person/Personne ressource: Ken Hughes, Manager, Revenue

Gestionnaire, Recettes, Services financiers

(613) 580-2424 Ext., poste 13485, Ken.Hughes@ottawa.ca

 

City Wide/à l'échelle de la Ville

Ref N°: ACS2008-CMR-FIN-0047

 

 

SUBJECT:

UNCOLLECTABLE TAXES – SECTION 354 (1)(2) OF THE MUNICIPAL ACT, 2001, S.O. 2001, c.25

 

 

OBJET:

TAXES D’AFFAIRES NON PERCEVABLES, - ARTICLE 354 (1)(2) DE LA LOI SUR LES MUNICIPALITÉS, 2001, L.R.O. 2001, C.25

 

 

REPORT RECOMMENDATION

 

That the Corporate Services and Economic Development Committee recommend Council approve taxes and interest/penalties in the amount of $51,752.96 be struck from the collector's roll.

 

 

RECOMMANDATION DU RAPPORT

 

Que le Comité des services organisationnels et du développement économique recommande au Conseil municipal d'approuver que les impôts et les intérêts/pénalités de 51 752,96 $ soient retranchés du rôle de perception.

 

 

BACKGROUND

 

In accordance with the provisions of Section 354 (1) (2) of the Municipal Act, 2001, S.O. 2001, c.25, this report recommends that outstanding taxes and interest/penalities in the amount of $51,752.96, which are deemed to be uncollectable, be struck from the collector's roll.

 

 

PUBLIC CONSULTATION / INPUT:

 

There was no public consultation on this matter as it is administrative in nature.

 

 

FINANCIAL IMPLICATIONS:

 

The City’s share of uncollectable taxes is estimated at $16,417.34.  A provision for the full amount of the City’s share was previously accounted for in the financial statements for the years  1994 to 2004.

 

The share of uncollectable taxes for the School Board is estimated at $16,417.34 and is recovered back in the same proportion as the taxes are levied in the year the account is deemed uncollectable.  Interest/penalties on uncollectable taxes in the amount of $18,918.28 are charged to the City Wide Tax cost centre as interest/penalty write-offs.

 

 

SUPPORTING DOCUMENTATION

 

Document 1 – Report #1 - Realty Taxes (1994 to 2005) total Write-off Report in the amount of $51,752.96. (Distributed separately and on file with the City Clerk)

 

 

DISPOSITION

 

No action required