Pre-Authorized Payment Plan (Taxes) Application Form 

With our Pre-authorized Payment Plan, monthly payments are automatically withdrawn from your bank. You must be a Township of Cavan Monaghan ratepayer with an account in good standing to be eligible for the Installment or Monthly, No Arrears plans.  A ratepayer with Arrears is eligible for the Monthly Arrears program which includes Penalty & Interest Charges of 1.25% per month.   You will continue to receive annual property tax bills in January (Interim Property Taxes) and July (Final Property Taxes) for your records.

The two options available for accounts in good standing (no arrears) are as follows;

1. Installment Due Dates (No arrears) - Taxes payments are received over the four (4) Installment Due Dates on; February 28, May 31, August 31 and October 31. The account balance due, at the time of the installment date, will be withdrawn from your account.
2. Monthly – No Arrears - Tax payments are withdrawn over eleven (11) equal monthly payments, from January to November, on the 15th day of each month. If enrollment is after January the tax payments are divided over the remaining number of months, up to November of each year. 

The one option available for accounts in arrears is;

1. Monthly - Arrears - Tax payments are withdrawn monthly on the 15th day of each month for a recurring specified amount, of not less than $250.00 (two hundred an fifty dollars). The specified amount is determined by the municipality considering the level of arrears and repayment time limit available to avoid further tax collection (Collection Agency / Bailiff / Tax Sale).

Penalty & Interest Charges (1.25% per month) on arrears will continue to accrue as per the Municipal Act 2001 and the Property Tax Collection Policy.

Enrollment for all payment plans are permitted accepted throughout the year. A separate application form is required for each property, specifying the applicable property roll number.  A Cheque marked "Void" must accompany your application.

Termination

These plans will continue until;

1. The ratepayer chooses to withdraw for any reason, including the sale of the property, or
2. A combination of two (2) of the following events occur, within twelve calendar months;
   • The ratepayer elects to cancel a pre-authorized payment
   • The ratepayer’s account fails to be honored by their financial institution

Twenty-one (21) days’ notice is required to terminate without a pre-authorization payment cancellation fee.

Property Owner Information

Please attach an unsigned personalized cheque or deposit slip for the account from which you want the Township of Cavan Monaghan to withdraw your tax payments. Write “Void” in ink across the face of the cheque or deposit slip.

I/we agree to the following conditions: 

• By enrolling in the Pre-Authorized Tax Payment Plan, I/we authorize in writing the financial institution identified, on the attached void cheque/deposit slip provided, to withdraw and issue tax payments payable to the Township of Cavan Monaghan on a regular basis.
• I/we will notify the Township of Cavan Monaghan promptly in writing if I/we move the account identified above from one branch or financial institution to another, or if there is any other change in the account. I/we agree that this authorization may be cancelled at any time upon 21 calendar days of written notice by me/us to the Township of Cavan Monaghan, or conversely upon written notice from the Township of Cavan Monaghan to me/us. Cancellation of this authorization does not mean that my/our obligation to the Township is ended. These plans continue until; the ratepayer chooses to withdraw for any reason (including the sale of the property) or a combination of two (2) of the following events occur (within twelve calendar months); the ratepayer elects to cancel a pre-authorized payment and/or the ratepayer’s account fails to be honored by their financial institution.
• I/we am/are protected against a loss due to error, fraud or misrepresentation, provided that, within 90 days of the date the payment was charged to my/our account, I/we notify the financial institution identified above of the problem.
• I/we have included with this authorization form a blank personalized cheque or deposit slip with the word “VOID” clearly written in ink across the front. I/we have NOT signed the cheque or deposit slip.
• Once I/we have received notice of the amount of the withdrawal, I/we will check my/our account statement/passbook regularly to confirm that withdrawals are being made in accordance with the authorization I/we have signed with the Township of Cavan Monaghan.
• If you are selling the property/home and need to cancel these pre-authorized payment arrangements, the Township of Cavan Monaghan requires 21 days’ written notice from you.
• Options “monthly” and “arrears” are processed on the 15th of each month.
• For joint accounts where more than one signature is required, ALL account holders must sign in the “signature” space below.
• A separate form is required for each property to be covered by this pre-authorized payment form.

For accounts in more than one name, all authorized signatures must be provided.