HomeMy WebLinkAbout17. 13-24
JANUARY 22, 2013 13-24 RESOLUTION
(CARRIED ___7-0____ LOST _______ LAID OVER _______ WITHDRAWN _______)
PURPOSE: RESCIND PROPERTY TAXES
INITIATED BY: DEPARTMENT OF FINANCE
WHEREAS, the following property taxes were assessed improperly, per Wisconsin
State Statutes 74.33 (1) (d), and rescission of the tax due is appropriate:
Corporate Promotions Group
th
755 W 5 Avenue
Oshkosh, WI 54902
(ID #128710000) $580.76
Bud’s Electric, LLC
924 Ohio Street
Oshkosh, WI 54902
(ID #0161400000) $196.92
WHEREAS, the following property taxes were assessed improperly, per Wisconsin
State Statutes 74.33 (1) (f), and rescission of the tax due is appropriate:
Martin Security Systems
2056 Dickinson Avenue
Oshkosh, WI 54904
(ID #000350000) $344.61
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 the
sum of $1,122.29.
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
74.41.
Funds for this purpose are appropriated from:
Account No. 100-0908-6469-00000 – Tax Refund Account
City of Oshkosh
111011, Finance Department
215 Church Ave.,PO Box 1130
Oshkosh,WI 54903-1130
OfHKQIH (920)236-5006 (920)236-5039 FAX
ON THE WATER
MEMORANDUM
TO: Honorable Mayor and Members of the Common Council
FROM: Peggy Steeno, Finance Director
DATE: January 22, 2013
RE: Authorize Rescission of 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. There is currently one property that has been incorrectly charged for the
current tax year(2012) and three past tax years (2011, 2010, and 2009), and two properties that
have been incorrectly charged for the current tax year (2012). Therefore, the taxes that were
overcharged need to be rescinded. The Assessor's staff verified that all of these rescissions are
accurate and necessary.
ANALYSIS
Below are the details and reasons that each of these is being presented for rescission. In addition,
the specific condition as outlined by State Statutes is included:
Parcel 128710000/Corporate Promotions Group/ 755 W. 5th Avenue - $580.76— (State
Statute 74.33 (d) — The property was not located in the taxation district for which the tax roll
was prepared) —This business was not operating in the City of Oshkosh during the years 2012,
2011, 2010, and 2009; however,the City was not notified. Therefore, our records were not
correct. This has been verified by the Assessor's office and the correction has been made.
Personal Property 016140000 /Bud's Electric, LLC /924 Ohio Street- $196.92— (State
Statute 74.33 (d) — The property was not located in the taxation district for which the tax roll
was prepared) —This business was not operating in the City of Oshkosh during 2012; however,
the City was not notified. Therefore, our records were not correct. This has been verified by the
Assessor's office and the correction has been made.
Personal Property 000350000/Martin Security Systems/2056 Dickinson Avenue - $344.61
— (State Statute 74.33 0 —An arithmetic, transposition, or similar error has occurred) —This
business made an error in completing the Schedule H, which is the basis for the personal property
tax; and, the City made was not made aware of the error until January 4, 2013. Therefore, our
records were not correct. This has been verified by the Assessor's office and the correction has
been made.
FISCAL IMPACT
The impact of the above rescissions is short term only, since, in the year 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 and refund the above noted
taxes as outlined.
Respectfully Submitted, Approved:
Peggy Steeno Mark Rohloff
Finance Director City Manager