Tax Instalment Payment Plan
Strathcona County offers a convenient plan that enables you to pay your property tax in 12 monthly payments (January - December) instead of one annual payment.
To enrol in the Tax Instalment Payment Plan (TIPP) your tax account must be paid in full.
- Your monthly payment will begin in January of each year
- Your monthly payment will be adjusted June 1 to take into account any change to the tax levy
- The current years taxes will be paid in full by December 31
If you are enrolled in the TIPP program and have sold your property you must notify Strathcona County to be removed from the plan. You may withdraw from the instalment plan by giving written notice fifteen days before the next payment. Email notification of withdrawal to email@example.com
If two payments are not honoured by your financial institution, Strathcona County will cancel the instalment plan on your property and all penalties will be applied. The total balance plus penalties is then due and payable in full.
If you withdraw or your plan is cancelled, all unpaid taxes become due and payable and are subject to penalties in accordance with the penalty bylaws.
Taxes for the previous year = $3,000
Monthly payment beginning January 1: $3,000 ÷ 12 months = $250.00
Total payment from January 1 to May 1: $250.00 x 5 months = $1250.00
The tax levy for the current year = $3,100
The taxes that remain to be paid from June 1 to December 1: $3,100 - $1,250.00 = $1,850.00
The monthly payment from June 1 to December 1: $1,850.00 ÷ 7 months = $264.29
The monthly payment will remain at $264.29 from January 1 to May 1 of the following year, and will be adjusted again on June 1 to take into account any change to the tax levy.