Property taxes are billed in March, are due at the end of May and cover the period from January 1 to December 31 of each year. If you pay through EPP you do not need to worry about the payment deadline or incurring late payment penalties. The plan simplifies your budgeting by dividing your annual property tax amount into 12 equal monthly payments. These payments are automatically withdrawn from your bank account each month on a day you select between the 15th and the 28th of the month starting in March, with your account being paid in full after your February payment.
When you receive your annual Assessment and Tax Notice in March of the following year your monthly payment will be adjusted to reflect the new total tax amount, ensuring your account is always paid in full.
EPP automatically continues from year to year, unless you contact us in writing to cancel. If you cancel your EPP participation for any reason, including sale of the property, all unpaid taxes become due and payable and subject to interest and penalties.
Note: The plan is based on a 12-month period. Depending on when your application is received, you may be required to make an initial payment equal to the missed payments up to the time your application is processed and the first payment is withdrawn from your account.