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Home My WebLink About11. 20-71 FEBRUARY 25, 2020 20-71 RESOLUTION (CARRIED 6-0 LOST LAID OVER WITHDRAWN ) PURPOSE: RESCIND OR REFUND PERSONAL PROPERTY TAXES—GO DISC GOLF SHOP ($99.58), MIDWEST MERCHANDISING ($1,220.47), VIRTUAL INK LLC ($94.47), AND ALDI INC ($1,006.00) INITIATED BY: DEPARTMENT OF FINANCE WHEREAS, the following property taxes were assessed improperly, per Wisconsin State Statutes 74.33 (d) and rescission of the tax due is appropriate: GO DISC GOLF SHOP ATTN: STEVEN R. LOOS 503 OHIO ST OSHKOSH WI 54902-5903 (PP #200727000) 2019 $99.58 and MIDWEST MERCHANDISING WHITE BAY HOLDINGS LLC PO BOX 2611 OSHKOSH WI 54903-2611 (PP #200573000) 2019 $1,220.47 and VIRTUAL INK LLC C/O MICHAEL J GANTHER PO BOX 0888 OSHKOSH WI 54903-0888 (PP #144278000) 2019 $94.47 FEBRUARY 25, 2020 20-71 RESOLUTION CONT'D WHEREAS, the following property taxes were assessed improperly, per Wisconsin State Statutes 74.33 (c) and refund of the tax due is appropriate: ALDI INC—WI DIV 464 C/O RYAN, LLC PO BOX 490049 HOUSTON TX 77056-8049 (PP #801340000) 2019 $1,006.00 NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Oshkosh that the proper City Officials are hereby authorized and directed to rescind or refund the above sums. BE IT FURTHER RESOLVED that the proper City Officials are authorized and directed to seek compensation from the other taxing entities per Wisconsin State Statutes 74.42. Funds for this purpose are appropriated from: Account No. 0100-0908-6469-00000 General Fund —Uncollectible Accounts Aor Oshkosh TO: Honorable Mayor and Members of the Common Council FROM: Russ Van Gompel,Director of Finance DATE: February 18,2020 RE: Authorize Rescission or Refund of Personal Property Taxes BACKGROUND Per Wisconsin State Statutes, the removal of Property Taxes needs to be authorized by the Common Council. Statutes enumerate six specific conditions under which a rescission is appropriate/necessary. These properties were incorrectly assessed for the tax year 2019. Therefore, the taxes that were incorrectly charged need to be rescinded. The Assessor's staff verified this rescission is accurate and necessary. ANALYSIS Below are the details and reason this is being presented for rescission. In addition, the specific condition as outlined by State Statutes is included: State Statute 74.33 (d)-The property is not located in the taxation district for which the tax roll was prepared. • Personal Property-200727000/Go Disc Golf Shop/503 Ohio St. -$99.58 • Personal Property-200573000/Midwest Merchandising/3021 N Main St.4th Floor-$1,220.47 • Personal Property-144278000/Virtual Ink LLC/210 Commerce St. Ste 2-$94.47 State Statute 74.33 (c)-The property is exempt by law from taxation. • Personal Property-801340000/Aldi Inc/1995 S Koeller St. Ste 5-$1,006.00 FISCAL IMPACT The impact of the above rescission is short term only, since in the years that the taxes are rescinded, the City notifies the Department of Revenue (DOR) of the rescissions and the DOR adjusts the equalized value for the following year to account for the difference. These adjustments are built into the tax rate for all taxing authorities for the following year. RECOMMENDATION Staff recommends that Council authorize this resolution to rescind the above noted taxes as outlined. Respectfully Submitted, Approved: //\21;2(XI 4tr-72-4.-7 (#4‘----7------ Russ Van Gompel Mark Rohloff Finance Director City Manager Finance Department City Hall,215 Church Avenue P.O.Box 1130 Oshkosh,WI 54903-1130 920.236.5005 http://www.ci.oshkosh.wi.us RESCISSION OR REFUND OF TAXES BY TAXATION DISTRICT Date: February 13, 2020 To: City Finance Director & Assistant Finance Director From: Luke Alger, Assessment Services Description: Assessment Year 2019 R.E. Parcel or Pers. Property Acct# PP# 200727000 Location of Property 503 Ohio St. Tid # Owner Name Go Disc Golf Shop R.E. Legal Description R.E. or P.P. Class Personal Property Calculation: Pers. Prop. Land Improvement Total Assessed Value before Adjustment 3,900 3,900 -Assessed Value after Adjustment 0 = Amount of Assessment Adjusted -3,900 0 0 -3,900 Tax Rate Applied 25.53 Amt. Of Tax to Rescind or Refund 99.58 - Lottery Credit to be applied = Net Tax to Rescind or Refund 99.58 If refund, date taxes paid I Mark the Basis for Rescinding or Refunding (Wisc.Stats. 74.33): a. A clerical error has been made in the description of the property or in the computation of the tax. b. The assessment included real property improvements that did not exist on the assessment date. C. The property is exempt by law from taxation. d. X The property is not located in the taxation district for which the tax roll was prepared. e. A double assessment has been made. f. An arithmetic, transposition, or similar error has occurred. Explain Reason in Detail: (Attach addendum or documentation if needed) Business closed. Signature �� City Assessor RESCISSION OR REFUND OF TAXES BY TAXATION DISTRICT Date: February 13, 2020 To: City Finance Director & Assistant Finance Director From: Luke Alger, Assessment Services Description: Assessment Year 2019 R.E. Parcel or Pers. Property Acct# PP# 200573000 Location of Property 3021 N Main St. 4th Floor Tid # Owner Name Midwest Merchandising R.E. Legal Description R.E. or P.P. Class Personal Property Calculation: Pers. Prop. Land Improvement Total Assessed Value before Adjustment 47,800 47,800 - Assessed Value after Adjustment 0 = Amount of Assessment Adjusted -47,800 0 0 -47,800 Tax Rate Applied 25.53 Amt. Of Tax to Rescind or Refund 1,220.47 - Lottery Credit to be applied = Net Tax to Rescind or Refund 1,220.47 If refund, date taxes paid Mark the Basis for Rescinding or Refunding (Wisc.Stats. 74.33): a. A clerical error has been made in the description of the property or in the computation of the tax. b. The assessment included real property improvements that did not exist on the assessment date. C. The property is exempt by law from taxation. d. X The property is not located in the taxation district for which the tax roll was prepared. e. A double assessment has been made. f. An arithmetic, transposition, or similar error has occurred. Explain Reason in Detail: (Attach addendum or documentation if needed) Business closed. Signature City Assessor 1 (RESCISSION 'OR%REFUNDS OF TAXES BY TAXATION DISTRICT Date: February 13, 2020 To: City Finance Director &Assistant Finance Director From: Luke Alger, Assessment Services Description: Assessment Year 2019 R.E. Parcel or Pers. Property Acct# PP# 144278000 Location of Property 210 Commerce St. Ste 2 Tid # Owner Name Virtual Ink LLC R.E. Legal Description R.E. or P.P. Class Personal Property Calculation: Pers. Prop. Land Improvement Total Assessed Value before Adjustment 3,700 3,700 -Assessed Value after Adjustment 0 = Amount of Assessment Adjusted -3,700 0 0 -3,700 Tax Rate Applied 25.53 Amt. Of Tax to Rescind or Refund 94.47 - Lottery Credit to be applied = Net Tax to Rescind or Refund 94.47 If refund, date taxes paid X) A Mark the Basis for Rescinding or Refunding (Wisc.Stats. 74.33): a. A clerical error has been made in the description of the property or in the computation of the tax. b. The assessment included real property improvements that did not exist on the assessment date. C. The property is exempt by law from taxation. d. X The property is not located in the taxation district for which the tax roll was prepared. e. A double assessment has been made. f. An arithmetic, transposition, or similar error has occurred. Explain Reason in Detail: (Attach addendum or documentation if needed) Business closed. Signature �� City Assessor RESCISSION O REFUND F TAXES BY TAXATION DISTRICT Date: February 17, 2020 To: City Finance Director & Assistant Finance Director From: Luke Alger, Assessment Services Description: Assessment Year 2019 R.E. Parcel or Pers. Property Acct # PP# 801340000 Location of Property 1995 S Koeller St Ste 5 Tid # Owner Name Aldi Inc R.E. Legal Description R.E. or P.P. Class Personal Property Calculation: Pers. Prop. Land Improvement Total Assessed Value before Adjustment 110,400 110,400 - Assessed Value after Adjustment 71,000 71,000 = Amount of Assessment Adjusted 0 0 -39,400 Tax Rate Applied 25.53 Amt. Of Tax to Rescind or Refund 1,006.00 - Lottery Credit to be applied = Net Tax to Rescind or Refund 1,006.00 If refund, date taxes paid 1/31/20 Mark the Basis for Rescinding or Refunding (Wisc.Stats. 74.33): a. A clerical error has been made in the description of the property or in the computation of the tax. b. The assessment included real property improvements that did not exist on the assessment date. C. X The property is exempt by law from taxation. d. The property is not located in the taxation district for which the tax roll was prepared. e. A double assessment has been made. f. An arithmetic, transposition, or similar error has occurred. Explain Reason in Detail: (Attach addendum or documentation if needed) Property that is exempt as Machinery per the Dept of Revenue was inadvertently reported on the initial statement. The amended statement was not received until June 2019. Signature City Assessor