The City is reminding residents they have a month to get their payments in for this year’s property taxes.
The final day to pay property taxes without a penalty is July 25th, but because that falls on a Sunday, people will have until that Monday, July 26th, to make payments at City Hall, through their financial institution, or online banking. After that, penalties will begin to be applied at a rate of three per cent.
Property tax notices were shipped out starting on June 18th via Canada Post, and if they haven’t arrived at a resident’s home or business by July 2nd, they’re advised to reach out to the City’s Taxes and Assessment Department.
Once someone has their notice, they’re able to pay either at City Hall via cheque, cash or debit. People can also set up a preauthorized payment at their bank, or pay via their online banking. While credit is not allowed directly, credit payment can be done through a third-party service called Plastiq, the City notes.
After-hours payments can be made via cheque. Residents must make sure they’ve included their tax roll number. Access to the City Hall mail slot is available from 7 a.m. to 9 p.m., seven days a week.
Property taxes are calculated and billed annually using the property’s assessed value and the Council-approved property tax mill rate.