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Debit Plan

What is it?

It is a plan that will allow you to pay next year's taxes or your utilities by automatic monthly deduction from your bank account.

Why Should I Participate?

  • It's convenient.
  • It will assist you in your budgeting. 
  • It will eliminate the impact of one large tax payment in July.
  • It's safe and secure - There are no cheques to get lost or stolen. 
  • Your authorization is required to participate in the plan. 
  • You can withdraw from the plan at any time.

How Do I Apply?

It's easy to start - All you have to do is complete the authorization form (fillable form) and enclose one of your personal cheques marked "VOID".

How Does the Pre-Authorized Debit (PAD) Plan Work for your Taxes?

  • The monthly payments will be collected on the 21st day of each month
  • You will have the following options:

    1) Equal monthly payments calculated by estimating next year’s taxes (net of the Home Owner Grant, if eligible) and dividing by the remaining months prior to taxes due. Typically payments are made from July to June however this program can be started any time of the year. The payment in June is adjusted to bring your tax account to a zero outstanding balance, or;

    2) A monthly amount you decide on. 
  • You are responsible for applying for the Home Owner Grant by coming into the Municipal Office by the due date to avoid any penalties.
  • If your financial institution is paying your taxes this PAD program is not applicable.

How Does the Pre-Authorized Debit (PAD) Plan Work for your Utilities?

  • The monthly payments will be collected on the 21st day of each month
  • Typically a $36/month withdraw will cover the utility bill for a single family dwelling.  
  • Please call the Municipal Office at 250.347.6455 for other options.

Things to Know

  • The agreement is valid until terminated in writing by either party
  • You can join and withdraw at any time
  • If you change your bank account, please advise us and provide us with a new cheque marked "VOID" at least two weeks prior to the next payment date
  • Any refunds will be at the discretion of Village staff and administrative fees may be applied.
  • If any payment is not honoured by your financial institution, a service charge will apply.