Item - 2019.GL6.4

The General Government and Licensing Committee recommends that:

1.  City Council deem the unpaid property taxes, including interest and penalties which have accrued on those unpaid taxes up to the time of the write-off, levied from 1998 to 2018 as uncollectible on the 88 receivables listed in Attachment 1 to the report (June 10, 2109) from the Controller and direct the Controller to remove these amounts from the tax roll.

This report recommends the write-off of property taxes for 88 receivable amounts relating to 27 individual property tax accounts for the taxation years 1998 to 2018. The receivable amounts relate to property tax accounts that are no longer returned on the assessment roll, making collection efforts and recovery of outstanding amounts impossible. The total estimated amount to be written off is $1,856,352, consisting of taxes of $504,026 and interest/penalty of $1,352,326. All reasonable and appropriate collection efforts have been exhausted. It is recommended that the property taxes, interest, and fees that have accumulated over the period 1998 to 2018 be deemed uncollectible and written off. The write-off of these amounts will have no impact on the current year's budget, as these amounts have been previously provided for in the Allowance for Doubtful Tax Receivables Account in prior years.