HomeMy WebLinkAbout05. 15-243
MAY 26, 2015 15-243 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(CARRIED ___6-0____ LOST _______ LAID OVER _______ WITHDRAWN _______)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:
Little Bear Family Child Care
th
1131 W. 6 Avenue
Oshkosh, WI 54902
(ID #200862000) 2012 $36.92
2013 $49.74
1612 Western Street 2014 $64.58
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 $151.24.
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
OJHK LfH (920)236-5005 (920)236-5039 FAX
ON rur worn
MEMORANDUM
TO: honorable Mayor and Members of the Common Council
FROM: Tara J. Wendt, Assistant Director of Finance
DATE: May 19, 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.
This property was incorrectly charged for the tax years, 2012, 2013, and 2014. Therefore, the taxes that
were incorrectly charged need to be rescinded. The Assessor's staff verified that this 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 properly is not located in the taxation di.strictJbr which the tax roll was prepared. State Statute
74.33 (d). —The business was not operating in the City of Oshkosh for the last four or five years.
Therefore, our records were not correct. This has been verified by the Assessor's office and the
correction has been made.
Personal Property—200862000/Little Bear Family Child Care/ 1131 W. 6th Avenue—2012 -
$36.92, 2013 - $49.74/ 1612 Western Street—2014 - $64.58
FISCAL IMPACT
The impact of the above rescission is short term only, since, in the years that the taxes are rescinded, the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. Wendt Mark Rohloff
Assistant Finance Director City Manager