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A Strategy to Capture Hidden Investment Case Study: City of Timmins, Ontario September 2015 EDAC Conference. Presentation Overview. City of Timmins Profile Project Overview – Key Components Project Results Concluding Remarks – Lessons Learned. City of Timmins Profile.
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A Strategy to Capture Hidden InvestmentCase Study: City of Timmins, OntarioSeptember 2015 EDAC Conference Mark Jensen, Director of Community & Development Services
Presentation Overview • City of Timmins Profile • Project Overview – Key Components • Project Results • Concluding Remarks – Lessons Learned
City of Timmins Profile • Northeastern Ontario regional center • Local population of 45,000 and regional population of 118,000 • Huge Geography – 3,185 km² (1,220 mi²) • Predominantly English and Francophone speaking community with an expanding diversity of cultures • A growing Aboriginal youth population
Economic Base • Natural Resource Based Sector
Economic Base • Economic Diversification in Progress
Project Overview • Impetus for Assessment Review Project • Structures not reflected in the Municipal Assessment Roll • Largely explained by illegal building activity • No building permit issued = no property assessment completed = no property taxes being collected
Project Overview • Municipal Response • 2-year contract position (Pilot): “Property Assessment Advisor” • Identify and document illegal structures for assessment and taxation purposes • Project Success based on newly found property taxes > salary of position
Project Overview • Key Project Components • Data Review & Verification • Municipal Property Assessment Data • Building Permit Data • Municipal Geographic Information System (GIS) – Aerial Imagery Layer • Site Visits • Resident “Hot Lines”
Project Overview • Comprehensive Database Development • Identify structures and details for purposes of assessment • Completing Assessments of Buildings • Directing database to MPAC for assessment purposes • Media • Promoting merits of project to public • Voluntary reporting of offenses
Concluding Remarks • Two (2) year Pilot Project huge success • New annual property taxes generated > 4.5 times salary of position • 12,386 residential and 1,482 non-residential properties still to review
Concluding Remarks • Contract Position now full-time • Continued Property Reviews • Reviews quarterly MPAC supplementary property assessments • Attends property assessment appeals • Provides Real Estate and Assessment data/advice
Concluding Remarks • Corrects an inequity situation • Everyone should pay fair share of property taxes • Strategy can be readily adopted in other jurisdictions • Low risk – high reward • Data readily available at limited to no cost
Concluding Remarks • An approach to grow revenue for municipal operations • Supports municipal operations, including ED budgets • Captures already existing hidden investment
Concluding Remarks • Resources required to deal with compliance issues • Building Code • Property Standards • Zoning • More significant hidden assessment in “remote areas” • Importance of public awareness & penalties
Concluding Remarks • Be prepared for unintended consequences: Scenario A – typical case: • Pool constructed on City and Mattagami Region Conservation Authority property • Storage of personal equipment Scenario B – not so typical case: • Dumping of fill on City property (in floodplain) • Construction of accessory buildings • Storage of personal equipment • Business operating in garage
Concluding Remarks Scenario C – extreme case: Multiple residential units & accessory structures
Contact Information Mark Jensen, BA, MPL, MCIP, RPP Director of Community & Development Services City of Timmins mark.jensen@timmins.ca www.timmins.ca Mark Jensen, Director of Community & Development Services