Item - 2021.GL25.3
Tracking Status
- City Council adopted this item on October 1, 2021 without amendments and without debate.
- This item was considered by the General Government and Licensing Committee on September 15, 2021 and adopted without amendment. It will be considered by City Council on October 1, 2021.
GL25.3 - Largest Property Tax Debtors with Tax Arrears Greater than $500,000 as at June 30, 2021
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Wards:
- All
City Council Decision
City Council on October 1 and 4, 2021, adopted the following:
1. City Council direct that Confidential Attachment 3 to the report (August 23, 2021) from the Controller remain confidential in its entirety.
Confidential Attachment 3 to the report (August 23, 2021) from the Controller remains confidential in its entirety as the Municipal Freedom of Information and Protection of Privacy Act prevents the public disclosure of information that could identify an individual.
Confidential Attachment - The confidential attachment (Attachment 3) to this report identifies three (3) properties owned by individuals with tax arrears in excess of $500,000. The Municipal Freedom of Information and Protection of Privacy Act prevents the public disclosure of information that could identify an individual.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2021/gl/bgrd/backgroundfile-170368.pdf
Attachment 1 - Properties with Tax Arrears Greater than $500,000 Owned by a Corporation as at June 30, 2021
https://www.toronto.ca/legdocs/mmis/2021/gl/bgrd/backgroundfile-170369.pdf
Attachment 2 - Properties Removed from the Largest Debtor List since Last Report
https://www.toronto.ca/legdocs/mmis/2021/gl/bgrd/backgroundfile-170370.pdf
Confidential Attachment 3
GL25.3 - Largest Property Tax Debtors with Tax Arrears Greater than $500,000 as at June 30, 2021
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Confidential Attachment - The confidential attachment (Attachment 3) to this report identifies three (3) properties owned by individuals with tax arrears in excess of $500,000. The Municipal Freedom of Information and Protection of Privacy Act prevents the public disclosure of information that could identify an individual.
Committee Recommendations
The General Government and Licensing Committee recommends that:
1. City Council direct that the confidential information in Confidential Attachment 3 to the report (August 23, 2021) from the Controller remain confidential in its entirety.
Origin
Summary
This report provides information on property tax accounts with outstanding receivables of $500,000 or more as of June 30, 2021. The number of properties with outstanding receivable balances of $500,000 or more is 30, as compared to 31 reported as of December 31, 2020.
Background Information
https://www.toronto.ca/legdocs/mmis/2021/gl/bgrd/backgroundfile-170368.pdf
Attachment 1 - Properties with Tax Arrears Greater than $500,000 Owned by a Corporation as at June 30, 2021
https://www.toronto.ca/legdocs/mmis/2021/gl/bgrd/backgroundfile-170369.pdf
Attachment 2 - Properties Removed from the Largest Debtor List since Last Report
https://www.toronto.ca/legdocs/mmis/2021/gl/bgrd/backgroundfile-170370.pdf
Confidential Attachment 3