What are the benefits of on time reconciliation of permits issued on or after July 1, 2010?
One of the objectives the city accepted in the process improvement project was to achieve a method for projects to be closed within a timely manner. Changes have been made to the reconciliation process to achieve timely closure for the majority of projects. Reconciliations filed on time will be reviewed for reasonableness, accuracy and completeness. Some will be selected for further review, but the majority will be closed and removed from the pending review list. When filed on time and given a “CLOSED” status the project is deemed to have satisfied all tax obligations and no further action, requirements, or city activity will occur. Except in cases of fraud or intent to evade taxes, reconciliations receiving a “CLOSED” status are not subject to the normal 3-year period in which the city can open a review or audit. Furthermore, penalty and interest will not apply to reconciliations that have been timely and accurately filed and resolved through payment of additional taxes or refund of o
Related Questions
- Do permits issued before October 1st but modified after October 1st for reasons other than thermal need to be evaluated for thermal limits at the same time as the modification?
- What reconciliation options are available for permits issued between June 30, 2009 and June 30, 2010?
- What reconciliation options are available for permits issued on or after July 1, 2010?
