HomeMy WebLinkAbout14. 14-48
JANUARY 28, 2014 14-48 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(CARRIED __7-0_____ LOST _______ LAID OVER _______ WITHDRAWN _______)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:
Alliance Insurance & Financial Services
808 Oregon Street
Oshkosh, WI 54902
(ID #200868000) $ 12.43
Ameriprise – John Coniff
2331 Enterprise Drive
Oshkosh, WI 54904
(ID #022590000) $114.40
Paradime Media
19 Waugoo Avenue
Oshkosh, WI 54902
(ID #099450000) $236.25
Strategic Accounting
2905 Universal Dr., STE LL12
Oshkosh, WI 54902
(ID #200762000) $ 96.99
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 $460.07.
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
Finance Department
215 Church Ave.,PO Box 1130
Oshkosh,WI 54903-1130
OJHKOIH (920)236-5005 (920)236-5039 FAX
ON THE WATER
MEMORANDUM
TO: Honorable Mayor and Members of the Common Council
FROM: Tara J. Wendt, Assistant Director of Finance
DATE: January 28, 2014
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 currently are four properties that have been incorrectly charged for the current tax year(2013).
Therefore, the taxes that were incorrectly charged need to be rescinded. The Assessor's staff verified
that all of these rescissions are accurate and necessary.
ANALYSIS
Below are the details and reason that each of these is being presented for rescission. In addition, the
specific condition as outlined by State Statutes is included:
All four of the properties were not located in the taxation district for which the tax roll was prepared.
State Statute 74.33 (d). —The businesses were not operating in the City of Oshkosh during 2013;
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 200868000/Alliance Insurance & Financial Services/808 Oregon Street-
$12.43
Personal Property 022590000 /Ameriprise—John Coniff/2331 Enterprise Drive - $114.40
Personal Property 099450000 /Paradime Media/ 19 Waugoo Avenue - $236.25
Personal Property 200762000/Strategic Accounting Services LLC/2905 Universal Dr., STE
LL12 - $96.99
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:
Tara J. We t Mark Rohloff
Assistant Finance Director City Manager