Property Tax Deferral
The city will be suspending automated withdrawals and provide a 60-day grace period for Property taxes payments starting March 16, 2020.
- For businesses on the regular three-instalment payment plan, the April 1 property tax instalment due date would be extended to June 1, 2020.
- For property owners on the 11-instalment pre-authorized payment plan, Interim 2020 instalment due dates will be extended by 60 days.
- Late payment penalties (applied on the first day following the instalment due date where payment in full is not received) will be waived for 60 days, starting March 16, 2020.
- As Interim 2020 bills have already been mailed that specify the regular instalment due dates, the City will use other means (website, social media, other advertising), to identify this grace period to business owners. Property tax accounts will be adjusted as necessary to reflect these relief measures.