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HomeMy WebLinkAbout29. 19-158 MARCH 12, 2019 19-158 RESOLUTION (CARRIED 7-0 LOST LAID OVER WITHDRAWN ) PURPOSE: RESCIND PERSONAL PROPERTY TAXES — FESTIVAL FOODS TITAN FEST INC ($23,331.47) INITIATED BY: DEPARTMENT OF FINANCE WHEREAS, the following property taxes were assessed improperly, per Wisconsin State Statutes 74.33 (1) (c) and rescission of the tax due is appropriate: FESTIVAL FOODS—TITAN FEST INC C/O SKOGEN'S SUPPORT CENTER 3800 EMERALD DR E ONALASKA, WI 54650-6760 (PP #138700000) 2018 $23,331.47 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 above sums. 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 74.42. Funds for this purpose are appropriated from: Account No. 0100-0908-6469 General Fund - Uncollectible Accounts TO: Honorable Mayor and Members of the Common Council FROM: Trena Larson, Director of Finance DATE: March 5, 2019 RE: Authorize Rescission of Personal 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 assessed for the tax year 2018. Therefore, the taxes that were incorrectly charged need to be rescinded. The Assessor's staff verified this rescission is accurate and necessary. ANALYSIS Below are the details and reason this is being presented for rescission. In addition, the specific condition as outlined by State Statutes is included: State Statute 74.33 (1)(c) — The property is exempt by law from taxation. Personal Property —138700000 / Festival Foods — Titan Fest Inc / 2415 Westowne Ave - $23,331.47 FISCAL IMPACT The impact of the above rescission is short term only, since in the years that the taxes are rescinded, the City notifies the Department of Revenue (DOR) of the rescissions and the DOR adjusts the equalized value for the following year to account for the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, %tea Zawm Trena Larson Finance Director Approved: -11"" Rohloff City Manager Finance Department City Hall, 215 Church Avenue P.O. Box 1 130 Oshkosh, WI 54903-1 130 920.236.5005 http://www.ci.oshkosh.wi.us RESCISSION OR REFUND OF TAXES BY TAXATION DISTRICT Date: February 22nd, 2019 To: City Finance Director & Deputy Finance Director From: Luke Alger, Assessor's Office Description: Assessment Year R. E. Parcel or Pers. Property Acct # Location of Property Tid # Owner Name R.E. Legal Description R.E. or P.P. Class Calculation: Assessed Value before Adjustment - Assessed Value after Adjustment = Amount of Assessment Adjusted Tax Rate Applied 24.747 Amt. Of Tax to Rescind or Refund - Lottery Credit to be applied =Net Tax to Rescind or Refund If refund, date taxes paid 2/5/19 2018 PP #138700000 2415 Westowne Ave Festival Foods - Titan Fest Inc Personal Property Pers. Prop. Land Improvement Total 1,416,600 1,416,600 473,800 473,800 -942,800 0 0 -942,800 Mark the Basis for Rescinding or Refunding (Wisc.Stats. 74.33): 23, 331.47 23,331.47 a. A clerical error has been made in the description of the property or in the computation of the tax. b. The assessment included real property improvements that did not exist on the assessment date. C. X The property is exempt by law from taxation. d. The property is not located in the taxation district for which the tax roll was prepared. e. A double assessment has been made. f. An arithmetic, transposition, or similar error has occurred. Explain Reason in Detail: (Attach addendum or documentation if needed) Assessment included assets that were exempt under Act 59. Signature City Assessor f0074100007s January 28, 2019 Pamela Ubrig City Clerk — City of Oshkosh 215 Church Ave. PO Box 1130 Oshkosh, WI 54903-1130 —ONALASKA SUPPORT OFFICE 3800 Emerald Drive East ! Onalaska, WI 54650 608-783-5500 Re: Titanfest, Inc dba Festival Foods Parcel number 138700000 Personal property taxes Dear Ms. Ubrig: RECEIVED FEB 0 6 2019 ASSESSORS OFFICE OSI]KOSII. \�/ISC'ONSIN We hereby file a claim for refund under Wisconsin Statutes 74.35 [Recovery of unlawful taxes] for the personal property taxes assessed to Titanfest, Inc. for the 2018 tax year related to assets specifically exempt as machinery under 70.111(27)(a). On January 3, the Wisconsin Attorney General provided clarification that the machinery exemption applied regardless of the 2017 reporting schedule. This exemption has been allowed for us in 22 of the 35 jurisdictions we have locations, and for other Wisconsin grocers in other jurisdictions. However, the assessor for your jurisdiction has not accepted the 2018 return as filed claiming various assets as machinery and not reportable on Schedule D. These assets meet the definition associated with Schedule C assets for the 2017 tax year. Therefore, when the law was changed to create an exemption for machinery, these assets became exempt. Titanfest, Inc. has previously paid the assessed tax for $35,466.00 due on January 31, 2019, by check number 425068. A copy of the tax bill has been included. Therefore, the claim for refund is in the amount of $33,777.27, plus any applicable interest under 74.35(4). Please contact me directly if you have any questions at (608) 779-2720. Sincerely, Sandy Kjome Controller Skogen's Festival Foods Enclosures