What is the TIPP?
The monthly tax payment plan allows taxpayers to make automatic monthly payments for taxes rather than a single annual payment.
How does TIPP work?
TIPP runs from January to December each year with the first payment starting January 1. The first six monthly payments are based on the previous year's tax levy. As a result of increases or decreases to the annual levy, changes to installment amounts will be effective for the last six payments of the year. You will be notified on the tax notice of the total amount of installments paid to date and the new installment amount required for the remaining six payments in that year.
Payments may only be made by automatic withdrawal from your bank account at a financial institution. A direct withdrawal form must be completed before participation in the plan. The Town of Okotoks does not charge for this service.