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File #: 070596    Version: 0
Type: Resolution Status: Passed
File created: 7/31/2007 In control: JUDICIARY & LEGISLATION COMMITTEE
On agenda: Final action: 9/25/2007
Effective date:    
Title: Resolution to cancel real estate taxes levied against certain parcels bearing various key numbers on the 2006 tax roll, plus interest applicable to date of repayment, if appropriate.
Sponsors: THE CHAIR
Indexes: TAX CANCELLATIONS
Attachments: 1. Assessor's Cover Letter, 2. Fiscal Note, 3. Assessment Reduction Table, 4. Assessment Reduction Letters
Number
070596
Version
ORIGINAL
Reference

Sponsor
THE CHAIR
Title
Resolution to cancel real estate taxes levied against certain parcels bearing various key numbers on the 2006 tax roll, plus interest applicable to date of repayment, if appropriate.
Analysis
This resolution requires the cancellation of taxes because of Board of Review reductions in assessments on certain parcels, the issuance of checks to the City Treasurer or taxpayer as applicable, and the proper reductions of State Tax Credits by journal entries.
Body
Whereas, Assessments were made against certain parcels of real estate for the year 2006 as contained in Common Council Resolution File No. 070596; and

Whereas, The Board of Review has decreased these assessments as shown in this file; 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 city checks in the amounts as shown in this file, payable to the City Treasurer or taxpayer as applicable, to be refunded to the taxpayer where appropriate, plus interest at the rate applicable pursuant to Section 70.511 of Wisconsin Statutes, for an appeal that was filed as shown in this file, applicable from date of payment to date of repayment, said amounts to be charged to the Remission of Taxes Fund, 0001 Org 9990 Program 0001 Sub-class S163 Account 006300, and said checks to be delivered to the Customer Services 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 shown in this file 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. 526-1311-000-3 shall be applicable from date of payment to November 21, 2006 for the year 2006, and that interest for Key...

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