Property tax bills are mailed twice per year; one in March and one in August.
The first tax bill is the interim tax bill and the second tax bill is the final tax bill. The final tax bill reflects the current tax rate. New tax rates are generally set by the Municipality in June.
Property tax payments are due four times per year. See below for the due dates.
PROPERTY TAX INSTALLMENT – DUE DATES
INTERIM TAX BILL | Due Date |
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First | Thursday, March 28, 2024 |
Second | Friday, May 31, 2024 |
FINAL TAX BILL | |
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Third | Friday, August 30, 2024 |
Fourth | Friday, November 29, 2024 |
Installments must be received no later than the close of business on the due dates to avoid penalties. If paying by mail, the tax payer assumes responsibility for late arrival. A penalty will be charged if payment is received after the close of business on the due date.
Penalty and interest is fixed at a rate of 1.25% per month. Penalty and interest will accrue on unpaid taxes commencing on the first day of default and also on the first day of each calendar month thereafter. If you are in tax arrears at the time of the billing date and the arrears remain unpaid prior to the first due date, there will be 1.25% interest added to the installment amount. Payments received will be credited towards penalties/interest first and then to the oldest taxes owing.
If your tax bill is to be paid through a mortgage arrangement, it is still your responsibility to ensure that the taxes are indeed paid. You will receive a copy of your receipted bill once payment has been received.
Taxes are payable in Canadian funds. Payments received in U.S. or other funds may be subject to an administration fee.
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