HomeMy WebLinkAbout18. 14-80
FEBRUARY 25, 2014 14-80 RESOLUTION
(CARRIED ___6-0____ LOST _______ LAID OVER _______ WITHDRAWN _______)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:
CW Remodeling & Repair
1110 Waugoo Avenue
Oshkosh, WI 54901
(ID #150220000) 2013 $ 87.04
Aspire Architecture & Design
404 N. Main Street, Suite 607
Oshkosh, WI 54901
(ID #200437000) 2012 $ 7.38
2013 $12.43
WHEREAS, the following property taxes were assessed improperly, per Wisconsin
State Statutes 74.33 (1) (f), and rescission of the tax due is appropriate:
RIE Coatings
2501 S. Oakwood Road
Oshkosh, WI 54904
(ID #200865000) 2013 $10,173.50
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 $10,280.35.
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
01HKQIH (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: February 25, 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 are three properties that were incorrectly charged for the current tax year(2013) and one for the
tax year (2012). Therefore, the taxes that were incorrectly charged need to be rescinded.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 these are being presented for rescission. In addition, the specific
condition as outlined by State Statutes is included:
The property was 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 1502200000/CW Remodeling & Repair/ 1110 Waugoo Avenue- $87.04
Personal Property 200437000/Aspire Architecture & Design/404 N. Main Street, Suite 607—
2012 tax year$7.38 /2013 tax year$12.43
An arithmetic, transposition, or similar error has occurred for the following. State Statute 74.33 0. —
The business was operating in the City of Oshkosh during 2013; however, an error occurred in
completion of the Statement of Personal Property. Therefore, our records were not correct. This has
been verified by the Assessor's office and the correction has been made.
Personal Property 200865000/RIE Coatings/2501 S. Oakwood Road - $10,173.50
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:
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Tara J. Wendt Mark Rohloff
Assistant Finance Director City Manager