HomeMy WebLinkAbout11. 14-280
JUNE 24, 2014 14-280 RESOLUTION
(CARRIED ___7-0___ LOST _______ LAID OVER _______ WITHDRAWN _______)
PURPOSE: RESCIND PERSONAL 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:
Cemetary Surplus
th
800 W. 7 Avenue
Oshkosh, WI 54902
(ID #085870000) 2013 $64.66
Surf City
1014 Ohio Street
Oshkosh, WI 54902
(ID #200344000) 2013 $333.23
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 $397.89.
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
411)9 City of Oshkosh
Finance Department
215 Church Ave.,PO Box 1130
Oshkosh,WI 54903-1130
OJHKOJH (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: June 24, 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.
This property was 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incorrectly charged need to be rescinded.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 the rescission is 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 business was 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 085870000 /Cemetary Surplus/ 800 W. 7th Avenue- $64.66
Personal Property 200344000/Surf City/ 1014 Ohio Street - $333.23
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The impact of the above rescissions is short term only, since, in the year that the taxes are rescinded, the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:
toudi �.�
Tara J. Went Mark Rohloff
Assistant Finance Director City Manager