Apportionment of Property Taxes - November 20, 2024 Hearing

The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.

The decision

2024-11-20 · General Government Committee · adopted

As filed

The General Government Committee: 1. Approved the apportionment of property taxes in the amounts identified in Appendix A and B to the report (October 24, 2024) from the Executive Director, Finance Shared Services, under the columns titled "Apportioned Tax" and "Apportioned Phase-in / Capping."

On the agenda

As the city filed it

This report deals with 5 apportionment applications made by or to the Treasurer pursuant to Section 322 of the City of Toronto Act. Under this section, the Council is authorized to recover unpaid property taxes on land that has been severed and therefore no longer exists by apportioning those outstanding taxes onto the newly- created parcels that arise from the severance. The legislation requires that Council make its decision after holding a public meeting, at which applicants and / or property owners may appear or make representations regarding the apportionment application.

Show the rest of As the city filed it, 270 more characters as filed

Council has delegated authority to hear and make final decisions in respect of these matters to the General Government Committee. Staff have mailed Notices of Hearing to affected taxpayers advising of the upcoming November 20, 2024, General Government Committee Hearing.

Staff recommended

The Executive Director, Finance Shared Services recommends that: 1. The General Government Committee approve the apportionment of property taxes in the amounts identified in Appendix A and B, under the columns titled "Apportioned Tax" and "Apportioned Phase-in / Capping."

On the record

The item as the City filed it

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