The Tax Instalment Plan (TIP) is a convenient way to pay your property taxes in monthly instalments by automatic bank withdrawal without incurring late payment penalties.
Monthly payments are automatically withdrawn from your bank account from January to December on the last day of each month.
If you are interested in signing up for the Tax Instalment Plan please fill out our Tax Instalment Plan (TIP) Pre-Authorized Debit Application Form (Online).
Condo owners please note: If you are paying your taxes on your condo unit and you have one or more titled parking stalls, an application form is required for your condo unit and each parking stall.
The owner of the property. A property owner may elect to have someone else pay property taxes on his/her behalf. In this case both the owner and the elected payor will be required to sign the TIP application form.
All correspondence regarding the tax account will be mailed to the property owner as legislatively it is the owners responsibility to ensure that the taxes are paid. If the property owner has elected another party to pay on his/her behalf it is their responsibility to forward any payment change notifications to the payor.
No, once you have enroled your property on the Tax Instalment Plan you do not need to re-apply each year. You will remain on the plan until you fill out the TIP cancellation form.
No. Payments made to the Tax Instalment Plan are not transferrable or refundable. A new Tax Instalment Plan (TIP) Pre-Authorized Debit Application Form is required for your new property.
Yes. However, because our TIP applications are unique to each property, you will need to fill out a separate Tax Instalment Plan (TIP) Pre-Authorized Debit Application Form for each property.
If you have multiple properties on TIP being withdrawn from the same bank account, you will only see one lump sum transaction on your bank statements monthly.
Yes, the deadline to enrol for your current year’s taxes is June 15. Any applications received after June 15 will not be accepted for the current year.
You can enrol at any point up to June 15. Please note; all applications must be received by the 15th of the month you wish to start in.
Yes, but all outstanding balances and missed payments must be paid at the time of the application.
Yes, the deadline to enrol is November 15.
If you are already enroled in TIP and receive a supplementary tax bill, your monthly instalments will be automatically adjusted. Please look on your bill to see your new monthly instalments.
January to May payments are based on the prior year’s taxes divided by the months remaining in the calendar year. The monthly instalment amount will be adjusted for the remaining seven months of the year based on the new annual tax amount.
Your property tax notice mailed in May will show the new monthly instalment withdrawal amount to start June 30.
The payment withdrawn December 31 will be for the balance remaining in your tax account and will bring your account to a zero balance.
Your monthly withdrawal amount may be adjusted if a revised or supplementary tax is applied to your account, or if other charges or credit adjustments are processed during the year.
The payment withdrawn on December 31 will be for the remaining balance of your tax account. This will include any missed payments, NSF charges and other charges that may have been processed during the year.
The Tax Instalment Plan runs January to December. When the tax notices are mailed in May there is a balance still owing on the account. When you are enroled in TIP you are able to spread your tax balance into monthly payments over the calendar year without penalty. The final payment withdrawn on December 31 will bring your tax account to a zero balance.
Please do not pay the balance showing as owing, as this is a statement of your tax account at the time of the tax levy billing. Make sure to look for the new monthly payment amount that will start June 30.
The City of Red Deer now has an online service that will allow you to access information about the various accounts you hold. Please register for MyCity to view and print information about your property tax account; you will require your roll number and access code.
The account balances tab will indicate any balance owing on your account as well as if you are enroled in TIP. The transactions tab will show a detailed breakdown of your monthly payments. A printout of either of these tabs should satisfy your bank’s request.
The December 31 withdrawal will bring your tax account to a zero balance.
You are responsible for submitting any banking information changes via our Tax Instalment Plan (TIP) Change Form (Online) by the 15th of the month you wish the change to be processed. Any changes received after the 15th of the month will not be processed until the following month. Any payments not received due to changes in information not being submitted by the deadline, will be subject to a fee.
If you wish to cancel your enrolment in TIP, you need to submit a Tax Instalment Plan (TIP) Cancellation Form (Online) by the 15th of the month.
Condo owners please note: If you are paying your taxes on your condo unit and you have one or more titled parking stalls, a cancellation form is required for both your condo unit and each parking stall.
Once TIP is cancelled, all unpaid taxes become due, payable and will be subject to penalty charges per the Tax Penalty Bylaw 3456/A-2016 (pdf) .
TIP payments are non-refundable and non-transferable to other property tax accounts.
A change of ownership in the property does not automatically cancel participation in the Tax Instalment Plan. You are responsible for notifying The City in writing of your intent to cancel, please submit a Tax Instalment Plan (TIP) Cancellation Form (Online) by the 15th of the month. We recommend that you inform your lawyer that you are participating in The City’s Tax Instalment Plan, and check to see how any adjustments are being made to determine what month you should be cancelling TIP.
Payments will not be refunded if there is a change in ownership of the property.
The property tax account belongs to the property not an individual. When a property is bought and sold the property tax account is bought and sold along with that property. If a property has changed ownership and you have continued to make payments, you are now making payments to someone else’s account. Due to Freedom of Information and Privacy Legislation you are no longer entitled to the information on that account.
TIP payments are non-refundable and non-transferable to other property tax accounts.
September 25, 2020
The City of Red Deer supported The City of Edmonton in its resolution for a new financial framework that would better serve municipalities, which was presented at the Alberta Urban Municipalities Association (AUMA) Annual (Virtual) Conference yesterday.
September 25, 2020
At a Special Council meeting on September 29, City Council will receive and review a report outlining the results of a forensic audit of Westerner Park.
September 25, 2020
Effective October 1, 2020, The City of Red Deer will reduce the number of divisions reporting to the Office of the City Manager from five to three as part of current structural changes taking place within the organization.