Item - 2018.GM27.6
Tracking Status
- This item was considered by Government Management Committee on April 30, 2018 and was adopted without amendment.
GM27.6 - Largest Property Tax Debtors with Tax Arrears Greater than $500,000 as at December 31, 2017
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Decision
1. The Government Management Committee received the report (April 16, 2018) from the Executive Director, Human Resources, the Chief Information Officer and the Chief Purchasing Officer for information.
Origin
(April 16, 2018) Report from the Treasurer
Summary
This report provides information on property tax accounts with outstanding receivables of $500,000 or more as of December 31, 2017, and reports on the total outstanding tax receivables as at December 31, 2017.
Not included in this report is a single property owned by an individual with tax arrears in excess of $500,000. The Municipal Freedom of Information and Protection of Privacy Act prevents the public disclosure of the information which would identify an individual.
Background Information
(April 16, 2018)
Report from the Treasurer on Largest Property Tax Debtors with Tax Arrears Greater than $500,000 as at December 31, 2017
https://www.toronto.ca/legdocs/mmis/2018/gm/bgrd/backgroundfile-114154.pdf
Attachment 1 - Properties with Tax Arrears Greater than $500,000, Owned by a Corporation, as at December 31, 2017
https://www.toronto.ca/legdocs/mmis/2018/gm/bgrd/backgroundfile-114155.pdf
Attachment 2 - Properties Removed from the Largest Debtor List since last report (June 30, 2016)
https://www.toronto.ca/legdocs/mmis/2018/gm/bgrd/backgroundfile-114156.pdf
Attachment 3 - Summary of Tax Receivables as at December 31, 2017 (unaudited) Compared to December 31 Tax Receivables for Years 2013 - 2016
https://www.toronto.ca/legdocs/mmis/2018/gm/bgrd/backgroundfile-114157.pdf
https://www.toronto.ca/legdocs/mmis/2018/gm/bgrd/backgroundfile-114154.pdf
Attachment 1 - Properties with Tax Arrears Greater than $500,000, Owned by a Corporation, as at December 31, 2017
https://www.toronto.ca/legdocs/mmis/2018/gm/bgrd/backgroundfile-114155.pdf
Attachment 2 - Properties Removed from the Largest Debtor List since last report (June 30, 2016)
https://www.toronto.ca/legdocs/mmis/2018/gm/bgrd/backgroundfile-114156.pdf
Attachment 3 - Summary of Tax Receivables as at December 31, 2017 (unaudited) Compared to December 31 Tax Receivables for Years 2013 - 2016
https://www.toronto.ca/legdocs/mmis/2018/gm/bgrd/backgroundfile-114157.pdf
Motions
Motion
to Adopt Item
moved by
Councillor Janet Davis
(Carried)