Property Tax Pre-Payment Plan Agreement

Property Tax Pre-Payment Plan Information

Signing up for the Property Tax Pre-Payment Plan authorizes the City of White Rock to automatically withdraw the Property Tax Pre-Payment Plan amount from your Canadian chequing account the first day of each month (or the next business day) for the months of August through May.

Common Questions and Answers

What are the eligibility requirements?

Only property owners whose current taxes are fully paid are eligible to participate in the Property Tax Pre-Payment Plan.
The bank account used must be a chequing account with a financial institution in Canada.

How does the Plan work?

The plan is a pre-payment plan for the following year's property taxes. The plan starts each year in August. Monthly instalments are withdrawn from customers accounts each month on the first of the month until May. There are no instalments in June or July.
The accumulated monthly instalments and any interest earned will be applied as a pre-payment on your annual Property Tax Notice. Depending on eligibility for the Home Owner Grant and changes in assessed value, you may have a balance owing or credit on your account when you receive your notice.
To avoid penalties, customers must pay any balance owing, after applying for any applicable Home Owner Grant. Any credits will carry forward and be included in your instalments for the next year's property taxes.

How do you calculate the amount of my monthly withdrawals?

The amount for the withdrawal is estimated based on last years property taxes and the Home Owner Grant you will be claiming if eligible. This estimate is divided by 10 instalments to calculate your 10 monthly instalments (Aug to May). There is a calculator below on this form to help you determine your monthly withdrawal.
Annually, unless indicated on the application form, the instalment amounts will be re-calculated based on an esitmate of the next year's taxes for your property. The new monthly instalment amount will be shown in a message on your annual Property Tax Notice.

Can I get a refund if I have a credit?

A refund of any overpayment will be issued by filling out a property tax refund request form that can be found on the City's website or picked up in person at City Hall. Refunds are not automatic and subject to an administration fee as shown in the current Fees and Charges Bylaw.
As credits were included when re-calculating your new monthly withdrawals, customers may wish to adjust their monthly instalment if requesting a refund.

What if I don’t have enough money in my bank account on the withdrawal date?

An administration fee for returned payments, as outlined in the Fees and Charges Bylaw, will be charged to a property owner’s tax account for payments not honoured by their financial institution.
The City may cancel a Preauthorized Payment Plan if two or more consecutive payments are returned.

What if I change banks, want to change my account or cancel the Pre-Payment Plan?

Participants in the Property Tax Pre-Payment Plan must advise the Financial Services Department at least 10 business days prior to the next withdrawal date when you need to change bank account information or payment amount, or cancel the plan.
Customers should use the Property Tax or Utility Billing request for change or cancellation form which can be found on the City's website or in person at City Hall.
If a property is selling or sold, the Property Tax Department must be notified as soon as possible in order to cancel the Property Tax Pre-Payment Plan.

For general inquires regarding the Property Tax Pre-Payment Plan, please contact Finance at 604-541-2100 or email finance@whiterockcity.ca.

Terms and Conditions

New applicants must submit an agreement form 10 days prior to the first withdrawal date.
Only property owners whose current taxes are fully paid are eligible to participate in the Property Tax Pre-Payment Plan.
The Property Tax Pre-Payment Plan automatically continues until the City is advised to cancel or alter banking information.
The property owner’s pre‐authorized debit shall be drawn and presented to their financial institution on the first of the month (or next business day) from August 1st to May 1st each year (10 annual installments). The bank account used must be a chequing account with a financial institution in Canada.
Monthly instalment amounts will be automatically updated for each upcoming tax year, as reflected on the annual Property Tax Notice mailed in May. Property owners acknowledge that this annual Property Tax Notice will constitute pre-notification of the amount to be debited, and waive any other pre-notification requirements of the Canadian Payments Association Rule H1.
The annual Property Tax Notice, mailed each year at the end of May will show the current year’s taxes less any pre-payments and interest earned. Property owners are responsible for paying the balance, if any, by the required due date. To avoid penalties, all home owners eligible to claim a Home Owner Grant must do so each year by the required due date.
Any credits on the account are applied towards the next year's monthly instalment calculation. The applicant(s) may request a refund of overpayments. Refund forms may be obtained from the Financial Services Department, or may be downloaded from the City’s website, whiterockcity.ca/taxes. Refunds are not automatic and subject to an administration fee as shown in the current Fees and Charges Bylaw.
The applicant(s) may cancel the Property Tax Pre-Payment Plan by giving the City 10 days prior written notice. Cancellation forms may be obtained from the Financial Services Department, or may be downloaded from the City’s website, whiterockcity.ca/taxes. For more information on the right to cancel a Pre‐Authorized Debit Agreement, contact your financial institution or visit cdnpay.ca.
The applicant(s) must give the City written notice of any change in financial institution or account information at least 10 days before the next withdrawal date. Forms may be obtained from the Financial Services Department, or may be downloaded from the City’s website whiterockcity.ca/taxes.
The applicant(s) will notify the City to cancel the Property Tax Pre-Payment Plan on a sale or transfer of the property. Pre-Payment payments are not refundable. If a property is sold, any credit should be accounted for in the Vendor’s Statement of Adjustments.
If your Property Tax Pre-Payment Plan is cancelled or your financial institution does not honour your payment, any balance due thereafter shall be payable directly to the City of White Rock.
The City will impose and collect a service charge on any dishonoured payments. The City may cancel the applicant(s)’s use of Property Tax Pre-Payment Plan if the applicant(s)’s financial institution refuses to honour two consecutive payments.
The Payor(s) have certain recourse rights if any debit does not comply with this Pre‐Authorized Debit Agreement. For example, the Payor(s) have the right to receive reimbursement for any debit that is not authorized or is not consistent with this Pre‐Authorized Debit Agreement. To obtain more information on recourse rights, contact your financial institution or visit cdnpay.ca.

Property Tax Pre-Payment Plan Agreement Information

Folio Number

Civic Address of property*

Registered Owner(s)*

Mailing address if different than civic address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code

Owner phone number*

Alternate phone number

Email*

example@example.com

Home Owner Grant Eligibility

Which Home Owner Grant will you be applying for?*

Basic GrantSenior or Additional GrantI am not eligible for the Home Owner Grant

What year was the oldest property owner born in? e.g. 1955*

This is used to determine if and when you will be eligible for the Senior Home Owner Grant. It is used to help determine your monthly instalment amounts.

Monthly Instalment Amount

Today's Date

Date

Do you want help calculating the monthly withdrawal amount?*

YesNo, I know what amount I want withdrawn

Please enter the TOTAL TAXES AND OTHER CHARGES from the first column of your tax notice (the No Grant column) as shown below.*

Estimated Property Taxes (above + 3%)

Home Owner Grant

Number of Months left in Pre-Payment Plan

Calculated plan amount = Estimated Property Taxes - Home Owner Grant/ Number of Months

Please confirm the amount for your monthly instalment. You can adjust the amount if desired.*

Enter the amount of the monthly instalment*

Your Plan will start on

Do you want your plan recalculated each year? This is recommended to provide the best estimate of property taxes for the next calendar year.*

YesNo

Plan Start Month

Plan Start Month Drop

Plan Number Months Drop

Month Drop

Day Drop

Banking Information

Pre-Authorization Category*

PersonalBusiness

Branch #*

Institution #*

Account #*

Confirm Account #*

Account Numbers do not match. Please correct and try again.

Electronic Signature Agreement

By selecting "I agree", you are signing this form electronically and you agree your electronic signature is the legal equivalent of your manual signature on this form.*

I agree

I/we, request and authorize the City of White Rock, to automatically debit/withdraw from my/our financial institution account the first day of each month (or next business day) for the months of August through May, as indicated on the form above, under the terms and conditions set out above, and agree to such terms and conditions.

Authorization date

Electronic Signature*

For joint accounts, all signatories on the account must sign this form when more than one signature is required on a cheque issued against the account.

Second Signature (joint accounts)

Please verify that you are human*

After submiting the form you will have the option to download a PDF version of your agreement.