logo

banner

Petrolia Council Waives Penalties, Late Fees and NSF Charges for Taxes and Invoices, Until May 31, 2020 – Offers Cancelled Building Permit Refunds


Posted: April 15, 2020

Petrolia Council Waives Penalties, Late Fees and NSF Charges for Taxes and Invoices, Until May 31, 2020 – Offers Cancelled Building Permit Refunds

The Council of the Town of Petrolia will provide short-term relief to ratepayers related to property tax penalty and interest, and water and sewer interest charges and NSF charges during the COVID-19 pandemic. Council also approved adjustments related to building permit fees during this time.

As many members of our community are feeling the economic impact of the shut-down of services related to the emergency measures implemented to contain the spread of COVID-19,  Council has responded to the community by voting to implement initiatives intended to provide temporary financial relief to ratepayers.  These measures will be reviewed at the May 25 Regular Meeting of Council for further consideration as more information regarding the pandemic closures is available.

The following measures have been approved:

  1. The Council of the Town of Petrolia has waived the penalty and interest charges on property taxes until May 31, 2020;
  2. The Council of the Town of Petrolia has waived the late fees on utilities (water and sewer only) until May 31, 2020;
  3. The Council of the Town of Petrolia has waived the late fees on miscellaneous invoices until May 31, 2020; and
  4. The Council of the Town of Petrolia has waived the NSF fee for anyone whose payment is returned until May 31, 2020;

Council has also approved that issued building permits that are cancelled due to complications during the Provincial emergency prior to the commencement of construction, be refunded 100%.

The total high-level cost to the town would be approximately $20K to $30K. Although, this is a very rough estimate based on prior years’ statistics. This cost will be included and tracked with other COVID 19-related expenses as the Town may be eligible for reimbursement by the government at a later date.

Mayor R. Brad Loosley said, “…We understand that this is a difficult time for our ratepayers, and we want to help.  It is important that we continue to provide services to residents, but now is not the time for us to penalize residents due to financial hardship.  We are all in this together, and we want Petrolia to come out of this economic slowdown in the more positive way possible.”

Staff will actively calculate and record the monthly revenue lost for each category. Work will continue to closely monitor the guidelines of Municipal Associations and practices of surrounding municipalities and the County of Lambton in relation to financial impacts of the COVID-19 crisis.

Further, please see below for information regarding the Municipal Property Assessment Corporation (MPAC) Postponement of the 2020 Property Assessment Update

“As part of the Ontario Government’s Economic and Fiscal Update on March 25, 2020, the Hon. Rod Phillips, Minister of Finance, announced the Province’s decision to postpone the 2020 Assessment Update, which would have seen the Municipal Property Assessment Corporation (MPAC) update the assessed value of every property in Ontario this year.

In lieu of providing municipalities with updated assessed values for 2021, MPAC will deliver property assessments based on the fully phased-in January 1, 2016 current values, which is the same valuation date MPAC used for this year. For example, if your property value in 2020 was $300,000, municipalities will use this same value to calculate your property taxes in 2021.

MPAC will continue to conduct regular business, including updating property information, completing tax applications and managing Requests for Reconsideration and appeals.

If you have questions about your assessed value or the postponement of the 2020 Assessment Update, visit mpac.ca or call 1-866-296-MPAC (6722) or TTY: 1-877-889-MPAC (6722).”  (2020 Property Assessment Update Postponed)

For more information:

Rick Charlebois                                                                               

Chief Administrative Officer/Treasurer                                                 

Town of Petrolia                                                                                             

411 Greenfield Street                                                                                   

Petrolia, Ontario, N0N 1R0                                                                                     

(519)882-2350 Ext. 225

E-mail: rcharlebois@petrolia.ca