News and Updates - Finance

Posted on: December 11, 2017

Pre-Authorized Tax Instalment Payment Plan

TIP

At the December 5th Regular Council Meeting, council updated the Pre-Authorized Tax Installment Payment Plan Bylaw (also know as the TIPP Bylaw)
TIPP stands for Tax Installment Payment Plan, and is a method for resident to pay their taxes in affordable monthly payments.
As of today, Taxpayers can pick up paper applications at the Town Office during office hours.
With our applications, we require residents to submit a void cheque or an account confirmation from your banking institution, for automatic monthly withdrawals. Another option available to residents is submitting, in person, post-dated cheques to the Town Office during office hours.
Dates for monthly withdrawals, can be arranged either on the 15th, and/or the last day of the month.
Applications must be submitted to the Taxation Clerk before the 5th day of the month in which applicant(s) wish to begin their payment plan.
Other changes to the bylaw include

·         During the calendar year, if there is an assessment update the monthly payment plan will update to ensure your account reaches zero by December 31st, of the tax period.

·         Miss payments and Utility Transfers onto the tax accounts must be paid separately by the taxpayer within 30 days. Failure to do so will result the suspension of the TIPP.

·         Ratepayers wishing to make changes to their accounts, must provide 10 business days before the next payment is processed.

·         Cancellation of TIPP, requires full payment of the outstanding balance on the tax role at the time of cancellation to avoid application of penalties.

For more information on TIPP or to schedule an appointment please contact the Taxation Clerk at 780-849-8001 or email propertytax@slavelake.ca 

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