2005 Interim Property Tax Billing
Background:
The 2005 Interim Property Taxes are based on 50% of the 2004 taxes, excluding tax rebates, deferrals, or cancellations processed in 2004.
As in previous years, customers with outstanding tax amounts for prior years, will receive a "Past Due" message printed on the inside, right flap of their bill.
For the first time, tax accounts with credit balances under $100.00 will have the credit deducted from their 2005 Interim tax bill which is consistent with a recommendation approved by City Council on June 22, 23 and 24, 2004.
Due Dates for Interim Taxes:
For taxpayers enrolled in the City's 11-month pre-authorized payment program, payments for the 2005 interim taxes will be withdrawn from their bank accounts on the following dates:
February 15, 2005
March 15, 2005
April 15, 2005
May 16, 2005
June 15, 2005
For all other taxpayers, the due dates for the payment of 2005 interim taxes are as follows:
March 1, 2005
April 1, 2005
May 2, 2005
Property Tax Assessment Appeals:
If a property owner wishes to have their assessment reviewed by MPAC, they may file a "Request for Reconsideration". Requests for Reconsideration for 2005 assessed values must be made to MPAC by December 31, 2005. Applications are available on the MPAC Web site at http://www.mpac.ca
If a property owner's Request for Reconsideration is successful, MPAC will forward the results directly to the City in order to expedite processing.
For information regarding a property's assessment, taxpayers should contact MPAC at 1-866-296-MPAC (6722).
Alternatively, taxpayers may wish to file a formal appeal with the Assessment Review Board (ARB). The deadline for this filing is March 31, 2005. Additional information on assessment appeals is available on the ARB Web stie at http://www.arb.gov.on.ca
Customer Service - Extended Hours:
To manage the increase in volume of customer calls, the Revenue Services Call Centre will have extended hours until Tuesday, March 1, 2005. During this time the hours of operation will be 8:00 a.m. to 6:00 p.m.
The Enquiry/Cashier Counters at Civic Centres and Toronto City Hall will operate on extended hours from 8:30 a.m. to 6:00 p.m. between Friday, February 25, 2005 to Tuesday, March 1, 2005.
Other basic questions can be answered by Collette and Jenny in my office at 416-392-4038 or they will direct you to the right City Finance staffer.
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