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File #: RFD-277-19    Version: 1 Name:
Type: Request for Decision Status: Agenda Ready
File created: 10/30/2019 In control: Council
On agenda: 11/26/2019 Final action:
Title: 2019 Property Tax Write-Off
Sponsors: Corporate Support
Attachments: 1. Request For Decision, 2. 2019 Tax Arrears Write-off List, 3. Summary of Fiscal Principles, Practices and Policies, 4. Reserve Policy

Title

2019 Property Tax Write-Off

 

Proposed Motion

1. That Council authorize the write off of taxes owing in the amount of $956,215.08, as per the presented tax roll list, as these accounts are no longer collectible.

2. That Council direct Administration to transfer $734,836.49 from 7.1 General Operating Reserve to cover the 2019 write off of taxes.