June 23, 2010
(Red Deer, Alberta) – Property owners only have one more week to pay their 2010 property taxes, due Wednesday, June 30.
“We encourage citizens to pay early,” said Deb Stott, Tax Collector. “People sometimes don’t account for the time it takes banks and financial institutions to process payments, but if The City doesn’t receive payment on or before the deadline, the property owner is penalized.”
Tax payments can be made by coming in-person to the City Hall cashiers or dropping the payment off in an envelope in the City Hall night depository located on the east side of the building. The deadline for in-person payments at City Hall is Wednesday, June 30 by 4:30 p.m.
Payments can also be sent by mail, but property owners must ensure their payments are postmarked by Canada Post by June 30, 2010 to avoid a penalty. Payments can be mailed to The City of Red Deer, Box 5008, Red Deer, Alberta, T4N 3T4. Most chartered banks, credit unions, trust companies and ATB Financial branches will also accept payment, but property owners must allow sufficient time for payment to reach The City of Red Deer.
Some financial institutions may take up to seven working days to forward these payments to The City, and property owners who miss the payment deadline have to pay a six per cent penalty for the outstanding property taxes owing. The penalty is calculated in a lump sum adjustment on July 1. For example, if $2,000 is left unpaid on June 30, a penalty of six per cent or $120 would be applied to the account on July 1.
For more information about City of Red Deer property assessment and taxation visit us online at www.reddeer.ca/tax, or stop by and see us in our new location on the fourth floor of City Hall, 4914 48 Avenue.
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For more information, please contact:
Revenue & Assessment Services
The City of Red Deer
403-342-8126
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