Item - 2024.GG18.1
Tracking Status
- This item was considered by General Government Committee on November 20, 2024 and was adopted without amendment. City Council has delegated authority for this matter to the General Government Committee and therefore, the decision is final.
GG18.1 - Apportionment of Property Taxes - November 20, 2024 Hearing
- Decision Type:
- ACTION
- Status:
- Adopted
- Schedule Type:
- Delegated
- Wards:
- All
Public Notice Given
Committee Decision
The General Government Committee:
1. Approved the apportionment of property taxes in the amounts identified in Appendix A and B to the report (October 24, 2024) from the Executive Director, Finance Shared Services, under the columns titled "Apportioned Tax" and "Apportioned Phase-in / Capping."
Origin
Summary
This report deals with 5 apportionment applications made by or to the Treasurer pursuant to Section 322 of the City of Toronto Act. Under this section, the Council is authorized to recover unpaid property taxes on land that has been severed and therefore no longer exists by apportioning those outstanding taxes onto the newly- created parcels that arise from the severance.
The legislation requires that Council make its decision after holding a public meeting, at which applicants and / or property owners may appear or make representations regarding the apportionment application. Council has delegated authority to hear and make final decisions in respect of these matters to the General Government Committee.
Staff have mailed Notices of Hearing to affected taxpayers advising of the upcoming November 20, 2024, General Government Committee Hearing.
Background Information
https://www.toronto.ca/legdocs/mmis/2024/gg/bgrd/backgroundfile-250579.pdf
(October 24, 2024) Report from the Executive Director, Finance Shared Services on Apportionment of Property Taxes - November 20, 2024 Hearing
https://www.toronto.ca/legdocs/mmis/2024/gg/bgrd/backgroundfile-250051.pdf
Appendix A - Taxpayer Initiated Tax Apportionments
https://www.toronto.ca/legdocs/mmis/2024/gg/bgrd/backgroundfile-250052.pdf
Appendix B - Treasurer Initiated Tax Apportionments
https://www.toronto.ca/legdocs/mmis/2024/gg/bgrd/backgroundfile-250053.pdf