December 7, 1998

To:Strategic Policies and Priorities Committee

From:City Clerk

Subject:Payment in Lieu of Taxes for Provincial and Federal Buildings

Recommendation:

The Assessment and Tax Policy Task Force recommends that the report (November 13, 1998) from the Chief Financial Officer and Treasurer be amended by deleting the word "legislation" and inserting the word "regulation" in Recommendation No. (1), and that the report, as amended, be adopted.

Background:

The Assessment and Tax Policy Task Force on November 20, 1998, had before it a report (November 13, 1998) from the Chief Financial Officer and Treasurer respecting Utilisation Of Assessment Times Rate As An Alternative To The Method Prescribed In Section 157 of the Municipal Act For Calculation Of Payments In Lieu Of Taxes, and recommending that:

"(1)Council request the Provincial Government to approve legislation to increase the "head and bed" rate allowed in Section 157 of the Municipal Act from $75.00 to $208.50;

(2)the Association of Municipalities of Ontario (AMO) be requested to pursue recommendation 1 with the Province of Ontario; and

(3)all GTA municipalities be requested to endorse recommendation 1."

The Assessment and Tax Policy Task Force on November 20, 1998, also had before it the following communications/reports:

(a)(September 30, 1998) from Councillor Saundercook requesting the Task Force to review the matter of payment in lieu of taxes for provincial and federal buildings; and

(b)(October 9, 1998) from the City Clerk forwarding Council's action of October 1 and 2, 1998.

The Task Force requested the Chief Financial Officer and Treasurer to compile a comprehensive list of the Federal and Provincial properties that would be affected in the City of Toronto and report back to the Task Force.

The Task Force's recommendation is noted above.

City Clerk,

Assessment and Tax Policy Task Force

Belinda Bains/tk

981120.3

cc:City Solicitor