Item - 2023.GG8.3
Tracking Status
- City Council adopted this item on December 13, 14 and 15, 2023 without amendments.
- This item was considered by the General Government Committee on December 6, 2023 and adopted without amendment. It will be considered by City Council on December 13, 14 and 15, 2023.
GG8.3 - Largest Property Tax Debtors with Tax Arrears Greater than $500,000 as at June 30, 2023
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
City Council Decision
City Council on December 13, 14, and 15, 2023, adopted the following:
1. City Council direct that Confidential Attachment 3 to the report (November 14, 2023) from the Controller remain confidential in its entirety.
Confidential Attachment 3 to the report (November 14, 2023) from the Controller remains confidential in its entirety in accordance with the provisions of the City of Toronto Act, 2006, as identifies four properties owned by individuals with tax arrears in excess of $500,000; the Municipal Freedom of Information and Protection of Privacy Act prevents the public disclosure of information that could identify an individual without their consent.
Confidential Attachment - Confidential Attachment 3 to this report identifies four properties owned by individuals with tax arrears in excess of $500,000. The Municipal Freedom of Information and Protection of Privacy Act prevents the public disclosure of information that could identify an individual without their consent.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2023/gg/bgrd/backgroundfile-241109.pdf
Attachment 1 - Properties with Tax Arrears Greater than $500,000 Owned by a Corporation as at June 30, 2023
https://www.toronto.ca/legdocs/mmis/2023/gg/bgrd/backgroundfile-241110.pdf
Attachment 2 - Properties Removed from the Largest Debtor List since Last Report
https://www.toronto.ca/legdocs/mmis/2023/gg/bgrd/backgroundfile-241111.pdf
Confidential Attachment 3
Motions (City Council)
GG8.3 - Largest Property Tax Debtors with Tax Arrears Greater than $500,000 as at June 30, 2023
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Confidential Attachment - Confidential Attachment 3 to this report identifies four properties owned by individuals with tax arrears in excess of $500,000. The Municipal Freedom of Information and Protection of Privacy Act prevents the public disclosure of information that could identify an individual without their consent.
Committee Recommendations
The General Government Committee recommends that:
1. City Council direct that the confidential information contained in Confidential Attachment 3 to the report (November 14, 2023) from the Controller remain confidential in its entirety.
Origin
Summary
This report provides information on property tax accounts with outstanding receivables of $500,000 or more as of June 30, 2023. The total number of properties with outstanding receivable balances of $500,000 or more is 24, including 20 owned by corporations and four owned by individuals as mentioned above.
Background Information
https://www.toronto.ca/legdocs/mmis/2023/gg/bgrd/backgroundfile-241109.pdf
Attachment 1 - Properties with Tax Arrears Greater than $500,000 Owned by a Corporation as at June 30, 2023
https://www.toronto.ca/legdocs/mmis/2023/gg/bgrd/backgroundfile-241110.pdf
Attachment 2 - Properties Removed from the Largest Debtor List since Last Report
https://www.toronto.ca/legdocs/mmis/2023/gg/bgrd/backgroundfile-241111.pdf
Confidential Attachment 3