Change Mortgage Company Payments to TIPP
You can contact your mortgage company and have your tax account terminated in their system. Once your mortgage company informs us of this change, we can process your TIPP application.
Missed TIPP Payment
We may cancel the agreement and request payment of the total outstanding taxes if two payments are missed.
Supplementary Taxes and TIPP
A supplementary tax bill is levied when a building or residence is built or redeveloped in the current tax year, resulting in an increase in the assessed value of the property. This bills are issued in the late fall. If you anticipate a supplementary bill, you may increase your TIPP payments above the original estimate to accumulate a credit to pay the supplementary bill.
When supplementary bills are issued, the accumulated credits (your TIPP payment to date) will be itemized on the bill. If the balance owing is greater than the remaining TIPP payments in the calendar, an increase in payments will be necessary to avoid penalties starting January 1 of the new year. An additional lump sum payment may be required to bring the account to a NIL balance by year-end.
Taxes & Utilities
110 Bear Street