March 23, 1998
To: Corporate Services Committee
From: W. A. Liczyk
Chief Financial Officer & Treasurer
Subject: Tax Adjustment - Municipal Act Section 442
For the Former City of North York
Purpose:
That Council approve the cancellation, reduction or refund of taxes pursuant to the provisions of section 442 of the Municipal Act, for the former City of North York.
Recommendation:
That the individual appeal applications of $1,709,145.50 as summarized in Schedule "A" attached for cancellation, reduction or refund of taxes pursuant to section 442 of the Municipal Act be approved.
Funding:
That the local share of the adjustment of $1,709,145.50 be charged against the tax deficiencies.
Discussion:
Council of the former City of North York, on December 1, 1993 adopted a report rescinding the By-Law authorizing the Assessment Review Board (ARB) from hearing and disposing of tax appeals pursuant to section 442 of the Municipal Act, R.S.O. 1990 ch. M45 that deals with cancellation, reduction or refund of taxes due to vacancy, out of business, demolition etc. As such, North York Council heard and disposed of these appeals. The other former municipalities used the Assessment Review Board to hear and dispose of their tax appeals and there will be a separate report recommending a similar process to the one used in the former City of North York for the new City of Toronto.
The total cancellation or refund of taxes as recommended for this period is $1,709,145.50 for 1997 and $47,187.96 for 1996. Of this periods adjustment, approximately $984,000. will be recovered from and the School Boards. Schedule "A" summarizes by category the number of applications and tax dollars recommended for reduction. A detailed list is in the North York Regional Tax Office.
Contact Name:
Margo L. Brunning
Director of Tax Revenue - North York Region
at (416) 395-6789
Fax Number (416) 395-6703
Internet Email Address:fi003mb@city.north-york.on.ca
W. A. Liczyk
Chief Financial Officer & Treasurer
