> Welcome to Parkland County > Permits, Licenses and Forms > Taxes & Assessment > Tax Installment Plan

• What is the Tax Installment Plan?
• What is the advantage of this plan?
• Who can use this plan?
• How does this payment plan work?
• How do I withdraw from the plan?
• What if I change bank accounts?
• What happens if I sell my property or move within the County?
• How do I make application?
• Other Questions? 
• Tax Installment Application Form

What is the Tax Installment Plan?

The Tax Installment Plan is a plan by which taxpayers may make twelve monthly installments for property taxes rather than a single payment.

What is the advantage of this plan?

Many people find it hard to make a single large payment that comes due once a year. Installments break your property taxes into smaller monthly amount thus making payment easier without incurring any penalties during the year.

Who can use this plan?

You may apply…. .

• If you have a chequing account at a financial institution (bank, trust company, treasury branch, or credit union).
  
• If you do not pay your taxes to a mortgage company.
  
• If you are currently paying your taxes through a mortgage company, you may request a transfer to the County’s Plan. In most cases your mortgage company will grant this. The benefit to you will be that your tax payments are delayed by six months, as opposed to being paid in advance to a mortgage company. your application is received before the commencement of the next calendar year (i.e. December 31 of current year).
  
• If all outstanding taxes are paid in full.
  

How does this payment plan work?

The plan runs from January to December each year. The first three monthly payments are based on 1/12 of the previous year’s tax levy.

The monthly payment is adjusted June 1 to compensate for changes in taxes resulting from the annual tax levy. Your annual tax bill will show the total amount of installments to date and the revised monthly payment for April through to December of the current year.

To Illustrate:

Preceding year's Taxes	$1,800
January through May Monthly payments ($1,800/12 months)	$150/mth
Current tax bill	$1,849
Less: payments (January through May)	$750
Balance Owing	$1,099
June through December Monthly payments ($1,099/7)	$157
Balance at December 31	$0

How do I withdraw from the plan?

You may withdraw from the plan by giving notice at least TWO WEEKS prior to the next payment date. If payments are missed, the County may cancel the agreement. Note: If you withdraw from the plan, or your plan is cancelled, all unpaid taxes become due and payable, and are subject to penalties in accordance with the penalty by-law.

What if I change bank accounts?

Should your chequing account change, please advise the Taxation Department at 968-8418 at least TWO WEEKS prior to the next payment date.

What happens if I sell my property or move within the County?

If you are on the payment plan and sell your property, please inform the Taxation Office at 968-8418 at least TWO WEEKS prior to the next payment date. As you are responsible for the taxes for that portion of the year that you own the property, we can provide your lawyer with the balance in your account upon request. Your lawyer will take the installments into account when transferring the property to the new owner.

How do I make application?

To apply for the monthly payment plan, please complete and sign the authorization form which can be obtained from the County’s Taxation Department and return it along with a "SAMPLE" cheque marked "VOID" to: