Knowledge Base

Property Tax Installment Payment Plan(TIPP)

The Tax Installment Payment Plan (TIPP) is an efficient program which allows you to pay your property taxes on a monthly basis instead of one annual payment.

Each year property taxes are billed in June but cover the period from January 1st to December 31st. If you take advantage of the TIPP programs you don't need to worry about the payment deadline or late payment penalties. 

Pre-authorized debits in the amount of the previous years taxes divided into 12 monthly installments, are paid each month beginning in January. In June, the monthly payment will be adjusted to reflect the actual taxes owing for that year. 

 TIPP automatically continues from year to year, or until you chose to discontinue the payment schedule.

Property Taxation Monthly Payment Plan Terms:

Deadline to be accepted on the direct debit tax payment plan is November 15th of each yearThe current years taxes, local improvement levy plus any tax arrears must be paid in full for eligibility in the Plan. The payment calculation will be based on the previous year's tax levy divided by twelve (12) months. Any increase / decrease in the issuing of the current year's Assessment and Tax Notice will be adjusted in the month of June.

Tax Installment Payment Plan Bylaw 1128-05

Tax Installment Payment Plan Form 

 

 

 


Updated 5/19/2025 4:27 PM
Was this page helpful? Yes No
Thanks for your feedback!