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HomeMy WebLinkAbout04. 15-01 JANUARY 13, 2015 15-01 RESOLUTION (CARRIED ___6-0____ LOST _______ LAID OVER _______ WITHDRAWN _______) PURPOSE: RESCIND PERSONAL PROPERTY TAXES INITIATED BY: DEPARTMENT OF FINANCE WHEREAS, the following property taxes were assessed improperly, per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: Bay Moon Massage/ Therapeutic Bodywork 1151 E County Rd Z Oshkosh, WI 54902 (ID #200938000) 2014 $141.58 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 $141.58. 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: January 13, 2015 RE: Authorize Rescission of Property Taxes BACKGROUND Per Wisconsin State Statutes, the removal of Properly Taxes needs to be authorized by the Common Council. Statutes enumerate six specific conditions under which a rescission is appropriate/necessary. There currently is one property that has been incorrectly charged for the current t�year(2014). Therefore, the taxes that were incorrectly charged need to be rescinded.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 that this is being presented for rescission. In addition, the specific condition as outlined by State Statutes is included: The property is 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 2014; 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 200938000 /Bay Moon Massage & Therapeutic Bodywork/923 Oregon Street - $141.58 FISCAL IMPACT The impact of the above rescissions is short term only, since, in the year that the taYes are rescinded, the City notifies the Department of Revenue (DOR) of the rescissions, and the DOR adjusts the equalized value for the following year to account for the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: �!, 2��-�" ,,,.� ,�x����c- Tara J. Wendt Mark Rohloff Assistant Finance Director City Manager ► JANUARY 13, 2015 15-xx RESOLUTION (CARRIED 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: Bay Moon Massage & Therapeutic Bodywork 923 Oregon Street Oshkosh, WI 54902 (ID #200938000) 2014 $141.58 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$141.58. 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 i ►