HomeMy WebLinkAbout02. 15-31
JANUARY 27, 2015 15-31 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(CARRIED __7-0_____ LOST _______ LAID OVER _______ WITHDRAWN _______)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:
P J’s Productions
1601 Oregon Street
Oshkosh, WI 54902
(ID #200544000) 2014 $74.52
The Golf Vault
752 N Main Street, Unit A
Oshkosh, WI 54901
(ID #200901000) 2014 $24.84
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 $99.36.
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 27, 2015
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 two properties that have been incorrectly charged for the current tax 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Therefore, the taxes that were incorrectly charged need to be rescinded.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 businesses were 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 200544000/PJ's Productions/ 1601 Oregon Street- $74.52
Personal Property 200901000/The Golf Vault/752 N Main Street, Unit A- $24.84
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.
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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
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