New Tecumseth Property Tax: Due Dates, Payment, and Credits

Property tax in New Tecumseth is billed in four installments each year, due at the end of February, April, June, and September for residential and farmland owners. The town’s 2026 budget added a 2.84% service increase plus a 1% capital levy, working out to roughly $155 more per year on the average household bill.¹ Miss a due date and a 1.25% penalty is added on the first of the following month, with the same rate compounding as interest until you pay.

2026 Installment Due Dates

New Tecumseth sends two bills a year. The interim bill goes out early in the year and is based on a percentage of your prior-year taxes. The final bill follows once Council approves the budget and sets the new rate; Council passed the 2026 rates on May 11, 2026.² Each bill has two installment dates.

Interim first installment: last business day of February
Interim second installment: last business day of April
Final first installment (residential and farmland): last business day of June
Final second installment (residential and farmland): last business day of September

Commercial, industrial, and multi-residential owners are on a different final schedule. Those final bills are typically issued in July, with installments due at the end of August and the end of October.³

Because the final bill uses the newly set rate, the amount may be higher or lower than what the interim bill suggested.

Ways to Pay

You can pay through your bank, by pre-authorized withdrawal, or by cheque. One thing to watch across every method: if you pay through online banking, mobile banking, or in person at your financial institution on the due date itself, the town may not receive the money that day. Processing runs three to five business days, so a payment sent on the deadline can arrive late and trigger the penalty.⁴ Send it a few days early.

Online or telephone banking: add the Town of New Tecumseth as a payee and use the roll number at the top of your bill as the account identifier.
Pre-authorized due-date plan: the town withdraws each installment automatically on the four due dates, and you still get bills showing the amounts.⁵
Pre-authorized monthly plan: ten equal withdrawals from January through October based on the prior year’s taxes, adjusted once the final rate is set. Available only if you have no arrears.⁵
Mail or drop box: cheque by mail, or in the secure drop box at the Town Administration Centre.

If your mortgage lender collects taxes as part of your mortgage payment, the lender estimates your annual taxes, adds a monthly amount to your mortgage bill, and remits directly to the town when installments fall due. Confirm with your lender that this is still in place. If they stop and you don’t notice, the missed installments are yours to answer for.

What Your Tax Bill Includes

The bill you receive from the town bundles three separate levies. The town collects the whole amount, keeps the municipal share, and forwards the rest.²

Municipal portion, set by Town Council, funds roads, parks, garbage collection, snow removal, and other local services.³
County of Simcoe portion, set by Simcoe County Council, funds regional responsibilities like major roads and paramedic services.
Education portion, set by the Province of Ontario under the Education Act, is forwarded to the local school boards.⁶

Only the municipal share is set locally. When Council talks about a tax rate increase at budget time, that’s the piece they’re moving.

How the Amount Is Calculated

Your bill is your assessed value multiplied by the combined tax rate. The Municipal Property Assessment Corporation (MPAC) determines the assessed value of every property in Ontario and operates independently from the town under the provincial Assessment Act.⁷ The town cannot change your assessed value; it applies its rate to whatever MPAC provides.

Assessments across Ontario still use a January 1, 2016 valuation date.⁸ The province has repeatedly delayed the reassessment cycle, so your assessed value reflects what your property would have sold for in early 2016, not today’s market. A home that has appreciated since then is still taxed on the older figure. When the province eventually updates the valuation date, many owners will see their assessed value jump.

Your total bill changes when MPAC updates your assessed value (uncommon while the 2016 date is frozen, though additions and renovations can trigger a supplementary assessment) or when Council adjusts the rate at budget time.

Challenging Your Assessment

If you think MPAC’s number is wrong, the first step is a Request for Reconsideration filed directly with MPAC. This is mandatory before any appeal to the Assessment Review Board. For the 2026 tax year, the Request for Reconsideration deadline is March 31, 2026.⁷ Miss it and your assessment is locked for the year. MPAC weighs comparable sales and property characteristics, so gather evidence of similar properties that sold for less around the 2016 valuation date.

Late Payments, Arrears, and Tax Sale

Any unpaid balance draws a 1.25% penalty on the first day of each month, and the same 1.25% rate applies as monthly interest on amounts carried from earlier months. Left for a full year, unpaid taxes accumulate roughly 15% in combined penalty and interest. The authority for this comes from the Municipal Act.⁹

Losing your bill doesn’t stop the clock. If you’re not sure what you owe, call the town’s Finance department before the due date.

Arrears escalate further. If any portion of your taxes is still owing, the town’s treasurer can register a tax arrears certificate against your property’s title on January 1 of the second year after the taxes first became due.⁹ Once that certificate is on title, you have one year to pay the full cancellation price, which covers the original taxes, penalties, interest, and administrative costs. If you don’t redeem within that year, the municipality can sell the property at public auction or by public tender. If you’re falling behind, contact Finance before it reaches a certificate.

Provincial Credits That Offset Your Bill

Two Ontario programs can put money back in your pocket, and both are claimed through your income tax return rather than through the town.

Ontario Energy and Property Tax Credit

Ontario residents who paid property tax or rent on their principal residence may qualify for the Ontario Energy and Property Tax Credit (OEPTC). For 2026, the maximum is $1,307 for non-seniors and $1,488 for seniors, combining a property tax and an energy component and phasing out as income rises.¹⁰ You must have been a resident of Ontario on December 31, 2025, and at least 18 years old, or had a spouse or common-law partner, or been a parent living with your child.

Ontario Senior Homeowners’ Property Tax Grant

If you were at least 64 on December 31, 2025, owned and occupied your Ontario home, and have low to moderate income, you may qualify for up to $500 a year through the Ontario Senior Homeowners’ Property Tax Grant.¹¹ You apply by filing your 2025 return, and this grant stacks with the OEPTC.

Some Ontario municipalities also run local deferral programs for low-income seniors or people with disabilities. Contact the town’s Finance department to ask whether any local deferral or rebate applies to your situation beyond the provincial credits above.

1
Town of New Tecumseth. News Release – Mayor’s 2026 Budget Brings Improvements to Serve You Better
2
Town of New Tecumseth. Property Taxes and Payment FAQs
3
Town of New Tecumseth. Property Taxes
4
Town of New Tecumseth. Paying Your Bill
5
Town of New Tecumseth. Pre-Authorized Payment Plan for Water/Sewer Payments and/or Tax Payments
6
Government of Ontario. Ontario Regulation 400/98 – Tax Matters – Rates for School Purposes
7
Municipal Property Assessment Corporation. Property Assessment and Property Taxes
8
Municipal Property Assessment Corporation. Notices and Notifications
9
Government of Ontario. Municipal Act, 2001, S.O. 2001, c. 25
10
Canada Revenue Agency. Ontario Energy and Property Tax Credit Questions and Answers
11
Government of Ontario. Senior Homeowners’ Property Tax Grant