NUMB:
VERS:
ORIGINAL
XXBY:
THE CHAIR
TITL:
Resolution to cancel real estate taxes levied against a certain parcel identified by Tax Key Number 170-0624-000-3 on the 1998 tax roll, plus interest applicable to date of repayment, if appropriate. (H. David Flegel & Annie J. Flegel). (Assessor's Office)
ANLS:
- Analysis -
This resolution requires the cancellation of erroneous real estate taxes because of a decrease in assessment by the Board of Review, the issuance of a check to the City Treasurer or taxpayers as applicable, and the proper reduction of State Tax Credits by journal entries.
BODY:
Whereas, An assessment in the amount of $76,700 (Land: $7,500 - Improvements: $69,200) was made against the property known as Tax Key Number 16909624-000-3 for the year 1998; and
Whereas, The Board of Review has decreased this assessment to $71,600 (Land: $7,500 - Improvements: $64,100), for a reduction of $5,100; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, That the proper city officers are authorized and directed to issue a city check in the amount of $144.25 payable to the City Treasurer or taxpayer as applicable, to be refunded to the taxpayer where appropriate, plus interest at the rate of 9.6% applicable from date of payment to date of repayment, said amount to be charged to the Remission of Taxes Fund, 0001 Org 9990 Program 0001 Sub-class S163 Account 006300 and said check to be delivered to the Tax Billing and Collection Division of the Treasurer's Office for disbursement; and, be it
Further Resolved, That the proper city officers are authorized and directed to reflect the reduction in State Tax Credits as follows:
Section 79.10 (2) $10.40 (City: $7.78 County: $2.62) by means of journal entries, charging the Remission of Taxes Fund, 0001 Org 9990 Program 0001 Sub-class S163 Account 006300, and crediting the State Tax Credit Fund; and, be it
Further Resolved, That interest for Key No. 170-0624-000-3 shall be applicable from date of payment to June 2, 1999 for the year 1998; and be it
Further Resolved, That delinquent interest and penalties on this account are hereby canceled.
DFTR:
Assessor's Office
mpr/kat
8-30-99