Title
Cancellation of Penalties on Property Taxes
Proposed Motion(s)
That Council approve the cancellation of penalties on tax Roll Numbers 2965900 & 10050151 in the amount of $405.61.
Body
Administration Recommendation(s)
Administration supports the proposed motion.
Purpose
To clear the penalties on these Roll numbers as a result of late payment of taxes.
Summary
The penalties on these accounts are due to the late payment of taxes. The late payment was a result of the flooding in Calgary in June; the company was unable to gain access to their office to process the payment. We did receive payment in July when they were able to access their office again. Prior years taxes have been paid on time.
Strategic Plan/Policy/Legal/Staff Implications (As Required)
Section 347 of the Municipal Government Act of Alberta allows Council to cancel, reduce, refund or defer taxes as deemed appropriate.
Financial Impact:
Cost: $405.61
Source of Funding: Allowance for Uncollectable Accounts