307 property owners owe $3 million in uncollected taxes

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307 property owners owe $3 million in uncollected taxes
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City begins asking property owners to pay uncollected property tax.

There are a total of 307 registered properties whose taxes are in arrears, which represents 1.2 per cent of the 2023 tax levy.

She said the standard procedure is to have council approve the tax arrears certificates against the properties, which they unanimously voted to do during the council meeting on Monday. “Typically, 98% of properties are paid before that tax sale happens so it is a very effective means of collecting taxes. Very few properties actually go right through to the end to be sold,” she said.Cannon also said the city advises the tax sale for “four Saturdays in a row” in the Ontario Gazette and the Chronicle Journal.

She pointed out that some people overbid on these properties. When that occurs, any amount left over from the tax sale, the city puts it towards court fees or it’s returned to the property owner.

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