MOUNTAIN VIEW COUNTY - County council has approved the 2022 property tax administration bylaw No. 27/21, which includes a payment incentive of one per cent on tax bills paid in full by June 30 and updated penalty rates.
The move came by way of motion at the Dec. 1 regularly scheduled council meeting. First reading took place Nov. 10.
Administration had proposed continuing with the existing one per cent early tax payment incentive in place in 2021.
The payment incentives section in the bylaw states that for “taxpayers not utilizing the tax instalment payment plan the following incentive shall apply for payments received prior to the tax deadline of Sept. 15: If the total amount owning is paid by June 30, a one per cent reduction in the total tax bill will be applied.”
The tax penalty rates for 2022 are also outlined in the bylaw. A penalty charge of three per cent will be charged on Jan. 16, three per cent on March 16, two per cent on June 16, and four per cent on Sept. 16.
The charges apply to any past-due property tax amounts until the property tax account is paid in full. As well, penalties imposed are compounded when a tax balance remains outstanding.
The tax instalment payment plan for 2022 allows ratepayers who do not have tax arrears owed to the county for a period of not more than two years to apply to enter into the plan to provide for the payment of taxes, in monthly instalments, from January to December, in any year, subject to conditions.
Those conditions include for the first six months of the current year the taxpayers shall pay a monthly payment equivalent to one-twelfth of the estimated tax, and for the last six months of the current year the taxpayers shall make monthly payments equivalent to one-sixth of the balance of actual taxes.
Coun. Gord Krebs did not attend the Dec. 1 council meeting, held in person and online.
