Payment Arrangements and Collections
If you require assistance with making payment arrangements, please contact finance@lincoln.ca or call 905-563-2799 ext. 222, Monday to Friday, 8:30 a.m. to 4:30 p.m.
Penalty & Interest
- Late payment charges are added to all past due taxes at a rate of 1.25% on the first day of default and on the first day of each month thereafter, as long as taxes or charges remain unpaid.
- Penalty and interest charges on overdue amounts cannot be waived or altered.
- Payments received are applied to interest first then the oldest outstanding tax balances.
Sale of Land by Public Tender
In accordance with the Municipal Act, 2001 the Town may take action to collect overdue property taxes and may register a tax arrears certificate when a property is in at least its second year of arrears (Municipal Act, 2001, Part XI Tax Sale).
Accounts remaining unpaid and where no suitable payment arrangements are made, a Sale of Land by Public Tender will begin once taxes have been in arrears for at least two years.
Process
- The Town registers a Tax Arrears Certificate on title of the property.
- Debtors have one year from the date of registration of the Tax Arrears Certificate to pay the cancellation price (i.e. all of the taxes levied and outstanding, all accrued penalty/interest, fees and costs).
- Failing payment within that year or not entering into of an extension agreement, requires the Treasurer to proceed with a sale of the property.
Contact taxclerk@lincoln.ca for further information or call (905) 563-2799 ext 224.