Tax notices are mailed no later than May 1 of each year
and are due by June 30 of each year. A monthly tax payment plan is
Preauthorized Tax Payment Plan
A monthly tax payment plan is the smart way to pay your
Now you can pay your taxes in twelve monthly
installments instead of a single large payment.
- Makes your month to month budgeting for expenses easier.
- Avoids the embarrassment of missing payments or a penalty
charge for late payments.
How it Works
The PAT Plan runs from January to December each year. Your
first five monthly payments will be estimated based on your
previous year's tax levy.
Residents receive their tax notice in May. As PAT Plan
participant, your monthly payments will then be revised for you
Any adjustments required as a result of the annual levy will be
spread over the last seven payments of the year. The revised
payments continue thru November. December's payment will be
adjusted to clear the tax balance and this payment will
continue thru May of the following year. (See example)
Payments may only be made by automatic withdrawal from an
account with CHEQUING privileges at a bank, trust
company, treasury branch, or credit union. The S.V. of Val
Quentin requires your written permission before the withdrawals
begin. There is no charge for this service; however, your
normal bank charges may apply.
Last year's taxes …………….. $1,800.00
January thru May Payments
($1800 - 12 months = $150/month)
x 5 months ……………………. $ 750.00
Current Tax Bill ………………
Less January thru May payments
Balance Owing ……………………. $1,105.00
June thru December Monthly Payments
($ 1,105.00 - 7 months = $157.86 )
x 6 months …………………………. $
December Payment .........................
Balance at December ………………
Any resulting credit/debit balance will be adjusted on
the December payment.
DID YOU KNOW?
If you decide to join the PAT Plan, you may be eligible for a
refund of any taxes paid to your financial institution. Your
first installment won't be due to the S.V. of Val Quentin until
January. If you move to the PAT Plan, the money collected by your
mortgage company to date can either be applied to your mortgage
principal or refunded directly to you.*
*check with your bank or mortgage company as rules may vary.
HOW TO APPLY
You can join the PAT Plan if:
- you have CHEQUING privileges at any of the
following: bank, trust company, treasury branch,
or credit union;
- your application is received before the start of the calendar
- you are currently paying your taxes thru a bank or mortgage
company and you request a transfer to the Summer Village's
Contact your Administrator @ 587-785-2501 to request the
Authorization form to get you started or email your request to firstname.lastname@example.org.
Payments will clear your bank on the last banking day of each
Changing Bank Accounts
If you change your chequing account, you must advise the Summer
Village Office at 587-785-2501 at least THREE
WEEKS prior to the next payment date.
Withdrawing from the Plan
You may withdraw from the PAT Plan by giving written notice at
least THREE WEEKS prior to the next payment date.
If payments are missed, the Summer Village has the option to
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
Moving, Selling or Buying New Property
Moving within Val Quentin? The PAT payments can be revised to
correspond with the taxes on your new property.
Buying a new property in Val Quentin? Arrangements can be made
to allow you to join the PAT Plan during the year.
Selling your property? To ensure that the payments are
discontinued at the proper time when your property is sold, please
notify the Summer Village Office at 587-785-2501, at least three
weeks prior to the next payment date.
For More Information Contact
The Summer Village of Val Quentin 587-785-2501 or
Tax Monthly Payment