Property Tax Pre-Authorized Withdrawal Program

Property Tax - Pre-Authorized Withdrawal

 

  • 10 month Program (no withdrawals in June or July)
  • Withdrawal is on the 5th day of each month 
  • Starts in August and ends in May (you can sign up at anytime of the year but you will have less monthly payments towards the next tax year)
  • you decide how much is withdrawn (we can help with an estimate)
  • Interest is earned on any credits on the account. It is itemized on the Tax Notice as "Interest Earned" and subtracted from the final total outstanding.
  • The total prepayments will be itemized on your Tax Notice on the line "Prepayments/Adjustments" and subtracted from the final total outstanding. 
  • No monthly receipts will be sent to you.
  • Features (you can choose what features you want or not)
  1. Automatic Recalculation: Your monthly payments will automatically change for the next tax year based on the taxes for the  current  year plus a 3.25% increase minus a home owner grant (if eligible). On your tax notice, in bold print, it  will say for  example: Your payments are changing from $150.00 to $165.00 effective Aug 5, 2019. 
  2. Tax Due Date Withdrawal: On the day taxes are due, we will withdraw the amount owing in the column you have designated  for us to pay. On your Tax Notice, it will say for example: The final payment of $1250.00 will be withdrawn from your account on July 2, 2019.
  • You are responsible for any outstanding balance left (if you don't sign up for the Tax Due Date Withdrawal) 
  • Over-payments are non-refundable and will go towards the next years taxes
  • The program will continue each year until a cancellation form is submitted
  • Home Owner Grants still need to be claimed each year (if eligible)
  • Taxpayers selling their homes and enrolled in a pre-authorized withdrawal plan are responsible for canceling the Pre-Authorized Withdrawal Program. All payments made prior to cancellation must be included in the property transfer "Statement of Adjustments". 
  • Any returned payments are subject to a service fee

To sign up, submit:

To cancel/change, submit:

Last Day to Submit PAWS Applications/Changes/Cancellations for the Payment Date table below

 Last day Withdrawal Date
 June 15, 2019 (Tax Due Date Feature) July 2, 2019 (Due Date)                                                                
 July 19, 2019 August 5, 2019
 August 20, 2019 September 5, 2019
 September 20, 2019 October 5, 2019
 October 21, 2019 November 5, 2019
 November 20, 2019 December 5, 2019
 December 18, 2019 January 5, 2020