Tax deadline looms for city property

Tax notices are in the mail and property owners have until June 30 to pay their bills. Property owners are encouraged to pay early to ensure their payment is processed on time and to avoid late penalties.

Tax notices are in the mail and property owners have until June 30 to pay their bills.

Property owners are encouraged to pay early to ensure their payment is processed on time and to avoid late penalties.

Those who choose to pay property taxes in one lump sum can do so in person with a City Hall cashier or by dropping payment off in an envelope in the City Hall night deposit boxes on the east and west sides of the building.

The last day for in-person payments at City Hall is June 30 by 4:30 p.m.

If you choose to pay using Internet banking or in-person banking, residents are encouraged to check with their financial institutions for cut-off and processing times.

The June 30 deadline does not apply to property owners who are enrolled in the city’s Tax Instalment Plan (TIP) as of June 15.

Property owners can join TIP by filling out an application. Details are available from the Revenue and Assessment Services Department on the fourth floor of City Hall or online at www.reddeer.ca/TIP.

There is a six per cent penalty on the outstanding property taxes owing if you miss the deadline. For example, if $2,000 is left unpaid after the due date, a penalty of six per cent or $120 is applied to the account.

Property owners who have their mortgage provider pay their property taxes as part of their mortgage agreement should review their tax notice to make sure the company responsible to make the payment is identified correctly. If this information is inaccurate, it is the property owner’s responsibility to contact the mortgage company and have it corrected.

For property owners aged 65 and older, the Seniors Property Tax Deferral Program (SPTDP) allows eligible senior homeowners to defer all or part of their property taxes through a low-interest home equity loan with the Alberta government.

For more information, call the Alberta Supports Contact line at 1-877-644-9992.

Contact Revenue and Assessment Services at 403-342-8126 if you have not received your 2014 Property Tax Notice by June 6.

More information about property assessment and taxation is available at www.reddeer.ca/tax.

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