Series S288 - Grants in lieu of taxes applications

Since 1966, the Revenue and Treasury Division has been responsible for the functions of treasury and tax collection. The treasury function has been part of the Department of Finance since 1886. Prior to 1966, the duties associated with this function were carried out by the City Treasurer and included receiving monies, the paying of authorized accounts, custody of negotiable securities (with the Director of Finance) and the recording of debenture ownership as requested. The tax collection function has also been part of the Department of Finance since 1886. Prior to 1966, the duties associated with this function were carried out by various offices, e.g., the Collector of Taxes, Poll Tax Collector, Revenue Tax Collector, and Special Collections Branch, and included the collection of property taxes, local improvement charges and flat water rates, parking meter monies, and other sundry accounts, auctions involving the tax sale of property, the issuing of tax certificates and the custody of the tax rolls. In 1966, these two functions were brought together through the amalgamation of the Property Tax Branch and Collections Branch to form the Revenue and Treasury Division.