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HomeMy WebLinkAbout2001-11-26 02-41 ORDER26 Item No. 02-41 Data November>k 2001 Item/Subject ORDER -Write Off of Personal Property Taxes Deemed Uncollectible Responsible Department: Finance Staff has completed a review of all outstanding tax accounts. Approximately 660 personal property tax accounts have been deemed uncollectible for one a the following reasons, past six year statue of limitations on collection, lark of mailing address and 10cation of property, or assessment after business has closed. The review was able to take place due m the Installation of new tax collection software. The Treasury Division is in the midst of implementing collection procedures to ensure that all outstanding amounts are paid to the Cay in a dmely manner. The first step in the process was to begin sending past due statements to all amounts. The initial results of the first mailing have been excellent. Staff anticipates personally contacting taxpayers to make payment arrangements, as well as stepping up the effect of our right of offset (a check issued by the City for goods or services an be applied as payment on past due tax accounts). It is important to note, that the write off of $18J,g98.84 will not affect the CWs fund balance. Taxes are not recomed as revenue until they are collected. LtA Department Head Manager's Comments: Q> -ryvp - Ad -a nn.nq�V. J d,immout. .i,QsaAp,c4Q-Px.w Ve adAuarPxar �nwa.{....�ww.� rN•V*e�G"��\ MTu j-N•y„��yvnyw.,rs�ytrylry<amm�.e cf.Gpv✓s�. City Manager Associated Information Budget Approval: Order was recommended to Council at the Finance Committee meeting of November ], 2001. finance Director neat .r ln6a— Citi 9611dwr Introduced for 3 Passage _ First Reading Page _ ad_ Referral 02-41 l Assigned to Councilor Perringcw Novaber 26, 2001 r * CITY OF BANGOR (TITLE.) Order, WriW Off of personal Property Taxes Deemed Uncollectible By Ory caundi wore CRY oFfiam : ORDERED, THAT WHEREAS, Ne City has mmple e a review of all outstsnding tax acwuRU. Rauitby In dre id Fi tw of appt ftrat* 650 petmnal pmp" accounts totaling $187,998.98 Nat love been deemed a collecUcble. NOW, THEREFORE, BE IT ORDERED by the City Caundl of Me City of Bangor, That the peersnnal property accounts itlentified by Ne Tax Collector, totaling $107,990.98 be written o0. IN CITY COONCIL November 26, 2001 Notion Made and Seconded for 02_61 Passage # ORDER C 1Y CLffi (rITLE,) Write Off of Personal Property Taxes Deemed Uncollectible AWgnedloCouncilor d7