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6. 2011
INTERIM PROPERTY TAXES AND DUE DATES IMPÔTS FONCIERS PROVISOIRES
POUR 2011 ET ÉCHÉANCES |
That Council approve :
1. That
the 2011 interim property tax billing be set at 50% of the 2010 Annualized
Taxes as permitted by legislation;
2. That
the amount protected classes are billed on the interim tax billing be set at
the maximum percent of last year's adjusted taxation, as permitted by
legislation (50% of the annualized adjusted 2010 taxes);
3. That
the following tax due dates be approved for 2011:
i. Interim: March 17, 2011
ii. Final: June 16, 2011; and
4. That
the penalty and interest percentage charge on overdue and unpaid tax arrears
remain at the rate of 1.25% per month (15% per year) unchanged from 2010.
5. Subject
to the approval of the above recommendations, that Council enact a by-law in
the form attached as Document 1 to establish the tax due dates, penalty and
interest charges.
RecommandationS du comité
Que le Conseil approuve:
1. que
la facture provisoire des taxes foncières pour 2011 soit établie à 50 % de la
taxation annuelle de 2010, comme l’autorise la loi ;
2. que
le montant de la facture d'impôt provisoire des groupes protégés soit établi au
pourcentage maximum des impôts annuelles rajustés de la dernière année, comme
il est permis par la loi (50 % des impôts rajustés de 2010) ;
3. que
les dates d'échéance des impôts suivantes soient approuvées pour 2011:
i. Provisoire
: le 17 mars 2011
ii. Finale
: le 16 juin 2011 ; et
4. que
le taux de pénalité et d'intérêt facturé sur les impôts impayés et les arriérés
d'impôts demeure au taux de 1,25 % par mois (15 % par année), inchangé par
rapport à 2010.
5. Sous
réserve de l’approbation des recommandations énoncées ci-dessus, que le Conseil
adopte un règlement sous la forme présentée au Document 1 ci-joint, visant à
établir les échéances pour l’impôt, les amendes et les frais d’intérêt.
DOCUMENTATION
1. City
Treasurer's report, dated 4
January 2011 (ACS2011-CMR-FIN-0001).
Finance and Economic Development Committee
Comité des finances et du développement économique
and Council / et au Conseil
4 January 2011/ le 4 janvier 2011
Submitted by/Soumis par : Marian Simulik, City Treasurer/Trésorière
municipale
Contact
Person/Personne ressource : Ken Hughes,
Deputy City Treasurer/ Trésorier Municipal Adjoint
Finance
Department/ Service des finances
613-580-2424
ext./poste 13485, Ken.Hughes@ottawa.ca
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Ref N°: ACS2011-CMR-FIN-0001 |
SUBJECT:
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OBJET :
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That the
Finance and Economic Development Committee recommend Council approve:
1.
That the 2011 interim property tax billing be set at
50% of the 2010 Annualized Taxes as permitted by legislation;
2.
That the amount protected classes are billed on the
interim tax billing be set at the maximum percent of last year's adjusted
taxation, as permitted by legislation (50% of the annualized adjusted 2010
taxes);
3. That the following tax due dates be
approved for 2011:
i. Interim: March 17, 2011
ii. Final: June 16, 2011; and
4.
That the penalty and interest percentage charge on
overdue and unpaid tax arrears remain at the rate of 1.25% per month (15% per
year) unchanged from 2010.
5.
Subject to the approval of the above recommendations,
that Council enact a by-law in the form attached as Document 1 to establish the
tax due dates, penalty and interest charges.
Que le Comité des finances et du développement
économique recommande au Conseil d'approuver :
1.
que la facture provisoire des taxes
foncières pour 2011 soit établie à 50 % de la taxation annuelle de 2010, comme
l’autorise la loi ;
2.
que le montant de la facture d'impôt
provisoire des groupes protégés soit établi au pourcentage maximum des impôts annuelles
rajustés de la dernière année, comme il est permis par la loi (50 % des impôts
rajustés de 2010) ;
3. que les dates d'échéance
des impôts suivantes soient approuvées pour 2011:
i. Provisoire
: le 17 mars 2011
ii. Finale
: le 16 juin 2011 ; et
4.
que le taux de pénalité et d'intérêt
facturé sur les impôts impayés et les arriérés d'impôts demeure au taux de 1,25
% par mois (15 % par année), inchangé par rapport à 2010.
5.
Sous réserve de l’approbation des
recommandations énoncées ci-dessus, que le Conseil adopte un règlement sous la
forme présentée au Document 1 ci-joint, visant à établir les échéances pour
l’impôt, les amendes et les frais d’intérêt.
Sections 342, 343 and 345 of the Municipal Act, 2001, S.O. c.25 (“Municipal Act”) as amended require that tax due dates, penalty and service charges are approved by City Council. The interim and final due dates do not apply to those taxpayers who are registered in the City’s monthly Pre-Authorized Payment Plan.
Section 317 of the Municipal Act,
requires Council to establish a by-law which sets interim tax billing for
uncapped classes (residential and pipeline) and capped classes (commercial,
industrial and multi-residential). The
amount raised by the interim bill cannot exceed 50% of last year's adjusted
annualized taxation.
Recommendation 1
This recommendation sets the 2011 interim tax billing at 50% of the 2010 Adjusted Annualized Taxation. This rate is consistent with 2010 and prior years.
Recommendation 2
This recommendation sets the 2011 interim tax billing for protected classes at 50% of the adjusted 2010 taxes. This rate is consistent with 2010 and prior years.
Recommendation 3
This recommendation sets the 2011 tax due dates at interim March 17, 2011 and final June 16, 2011.
Recommendation 4
The Municipal Act requires that Council set interest and penalty rates. These rates are consistent with 2010 and prior years.
The staff of the Revenue Branch consulted with Legal Services. Due dates will be advertised.
There are no legal/risk management impediments to implementing the recommendations of this report. The Municipal Act, 2001 provides that Council may enact by-laws providing for the payment of taxes by instalments and imposing late payment charges.
There is no impact on the budget if the recommendations for the interim and final tax due dates in this report are accepted. If City Council were to delay the tax due dates, the impact is approximately $1,000,000 per month.
The proposed by-law as required does not have any specific implications for the rural areas.
Document 1- By-law to set the installment due dates and interest and penalty rates applicable to the collection and property taxes for 2011
Originating Department to take appropriate action. Legal Services to submit the attached by-law to a subsequent meeting of full Council for approval.