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Title:
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2019 Supplementary Assessment Bylaw (1st, 2nd and 3rd Readings)
Presented by: Greg Dahlen, Senior Manager, Assessment and Taxation
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TAMRMS#: B06
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2019 Supplementary Assessment Bylaw (1st, 2nd and 3rd Readings)
Presented by: Greg Dahlen, Senior Manager, Assessment and Taxation
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RECOMMENDATION(S)
recommendation
That Bylaw 11/2019, being the 2019 Supplementary Assessment Bylaw, be read a first time.
That Bylaw 11/2019 be read a second time.
That unanimous consent be given for consideration of third and final reading of Bylaw 11/2019.
That Bylaw 11/2019 be read a third and final time.
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PURPOSE OF REPORT
If a municipality wishes to require the preparation of supplementary assessments for improvements, Council must pass a supplementary assessment bylaw authorizing the assessments to be prepared for the purposes of imposing a tax. The bylaw must be passed by May 1 of the tax year in question.
ALIGNMENT TO PRIORITIES IN COUNCIL’S STRATEGIC PLAN
N/A
ALIGNMENT TO LEVELS OF SERVICE DELIVERY
N/A
ALIGNMENT TO COUNCIL DIRECTION OR MANDATORY STATUTORY PROVISION
The bylaw is being brought forward to comply with the section 313 of the Municipal Government Act, which requires a municipality to pass a supplementary property assessment bylaw annually, prior to May 1, to authorize the municipality to carry out a supplementary assessment. The purpose and format of this bylaw remains the same as its predecessor.
BACKGROUND AND DISCUSSION
A municipality may prepare a supplementary assessment for any improvements, that are completed or occupied during the current taxation year that were not included in the current year’s assessment and tax notice. The supplementary assessment and tax notices include any assessment that has been placed on the property as a result of new buildings (improvements) completed and/or occupied. A supplementary assessment applies only to improvements, and not to land.
Supplementary assessments will be sent out in August and October 2019. They typically apply to new houses, condominiums, warehouses, or commercial buildings that were unfinished as of December 31, 2018, and were then completed and occupied during the spring-summer-fall of 2019. A supplementary assessment & tax notice includes that portion of the building assessment that was not included in the original May 2019 assessment & tax notice. Tax amounts are pro-rated from the date of completion or occupancy to December 31, 2019.
STAKEHOLDER COMMUNICATIONS OR ENGAGEMENT
All affected residential property owners are typically notified in advance by mail, of an impending supplementary assessment.
Information on supplementary assessments is contained on the City of St. Albert website, to help explain the process to the public.
All supplementary assessments carry the right of appeal, utilizing the same appeal process as is employed for annual assessments.
IMPLICATIONS OF RECOMMENDATION(S)
Financial:
Supplementary municipal tax revenue is budgeted at $275,000 for 2019. Dependent on the pace and timing of construction completions, the actual revenue amount may be lower than or exceed this figure.
Legal / Risk:
The City cannot impose supplementary assessments without passing of the bylaw.
Program or Service:
None at this time.
Organizational:
None at this time.
ALTERNATIVES AND IMPLICATIONS CONSIDERED
If Council does not wish to support the recommendation, the following alternatives could be considered:
Alternative 1: Council could opt to not pass a Supplementary Assessment Bylaw, and forego the municipal property tax revenue associated with it.
Report Date: March 4, 2019
Author: Greg Dahlen
Department: Finance & Assessment Department
Chief Administrative Officer: Kevin Scoble