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TAX F.A.Q.’s (Frequently Asked Questions)
- Have
the tax bills been issued for this year?
- Interim Tax Bills - will be mailed out in the last week of
January or the first week in February in any given year. If you are the property owner and you have
not received your interim tax bill by the second week in February you should
contact the municipal office immediately.
- Final Tax Bills - will be mailed out in the last week of July or
the first week in August in any given year.
If you are the property owner and you have not received your final tax
bill by the second week in August you should contact the municipal office
immediately.
- Have
the taxes gone up? The
interim tax bill is equal to 50% of the prior years equalized taxes on
the property. Any change in the
mill rates occurs only on the final bill, which will be mailed out as
stated above.
- Why
did I not receive a tax bill?
If you have a mortgage on your property and you are on a system
where your mortgage company pays the taxes then they should have
received the tax bill. If you
received the bill and it should have gone to a mortgage company please
contact your mortgage company and us immediately. If you do not have a mortgage company
paying your taxes and you did not receive a bill contact us immediately.
- When
are the taxes due? The
taxes are due as follows:
Interim Installment # 1 - Due
on 4th Friday in February
Interim Installment # 2 - Due
on 4th Friday in May
Final Installment # 1
- Due on 4th Friday in August
Final Installment # 2
- Due on 4th Friday in November
Make sure to mark those days on
your calendar. If you feel you may forget these dates you can forward
post-dated payments for those dates to us today.
- How
can I pay my taxes? The
municipality accepts payment of taxes as follows:
- By
cash or cheque at either of our offices during posted regular hours or
posted holiday hours. Office
locations are 229 Parkhill Main St. in Parkhill and 147 Ailsa Craig
Main St. in Ailsa Craig.
- By
payment at most area financial institutions prior to due date.
- By
internet through your financial institution. (You must set this method
up with your banking partner). Please note that customers paying by
telephone and/or internet banking must be sure to input all their
account numbers and payment amounts properly. The municipality will credit only the
accounts shown on the deposit advice for the amounts indicated.
Penalties will accrue on accounts that remain outstanding due to
failure to notify us properly.
Questions on this should be directed to the municipal office or
your financial services provider.
- By
Pre-Authorized Payment (PAP) Plan.
We can arrange to have the funds withdrawn on the due date from your
account or to have an equal monthly amount taken out on the end of each
month. If you are interested in this method contact us.
- What
happens if I do not make my payments on time? The municipality under the terms of
the Municipal Act charges a 1.25% rate on outstanding taxes on the first
day of default and again on the first of every subsequent month
thereafter that they remain outstanding.
- NOTE -When paying by internet
through your financial institution you must be aware of the possible
time delay. Most institutions
have a disclaimer stating that they have up to 48 hours to process and
transfer your payment to our accounts.
If you should choose to pay by this method you need to process
your payment at least 24 hours before the due date to avoid penalty and
interest charges. If the funds
are not transferred into our accounts by the close of business on the
due date the account will be charged the penalty or interest as set out
above.
- How
are tax payments applied?
Tax payments when received are applied to pay off all accrued
interest on tax arrears and then to penalty accrued on current
taxes. Once these are paid off
the balance of the payment, if any, is applied to the oldest outstanding
tax arrears, if any, and then to the outstanding current taxes.
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