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City of Port Moody
Bylaw No. 3542
A Bylaw to establish an alternative municipal tax collection scheme that clearly establishes
when penalties are added to unpaid taxes.
WHEREAS it is provided by section 235 of the Community Charter that Council may, by bylaw,
establish an alternative municipal tax collection scheme to:
a) establish one or more dates on which all or part of the property taxes under Part 7 -
Municipal Revenue are due; and
b) establish penalties and interest to be applied in relation to payments made after a tax
due date established by the bylaw.
NOW THEREFORE the Council of the City of Port Moody enacts as follows:
1.
Citation
1.1
This Bylaw may be cited as "City of Port Moody Alternative Municipal Tax
Collection Scheme Bylaw, 2026, No. 3542".
2.
Repeal
2.1
City of Port Moody Alternative Municipal Tax Collection Scheme Bylaw, 2025,
No. 3497 and all amendments thereto are hereby repealed.
3.
Alternative Municipal Tax Collection Scheme
3.1
Subject to any owner election under section 4, all Municipal Property Taxes
levied by and due to the City of Port Moody for the 2026 taxation year must be
received by 11 :59pm on July 2, 2026.
3.2
On July 3, 2026, a 5% penalty will be applied to any 2026 Property Tax amount
not received as of 11 :59pm on July 2, 2026.
3.3
On September 16, 2026, an additional 5% penalty will be applied to any 2026
Property Tax amount not received as of 11 :59pm on September 15, 2026.
4.
General Tax Collection Scheme
4.1
Subject to any owner election under section 6, all Municipal Property Taxes
levied by and due to the City of Port Moody under the General Tax Collection
Scheme must be received by 5:00pm on July 2, 2026.
EDMS#671053
4.2
Under the General Tax Collection Scheme, if all or part of the property taxes
referred to in section 234( 1) of the Community Qharter for a parcel of land and its
improvements ori the assessment roll remain unpaid after July 2, 2026, a penalty
equal to 10% of the portion that remains unpaid. will be added to the amount
owing.
5.
Penalty Waiver
5.1
Where penalties would otherwise be applied, and the Property Owner is eligible
for and subsequently claims the current year's Home Owner Grant and applies to
the province of British Columbia for such grant on or before September 15, 2026,
the penalty shall not be applied to that portion of the taxes outstanding which was
equal to the current year's Home Owner Grant.
6.
Election of Municipal Tax Collection Scheme
6.1
A Property Owner may elect to pay all Municipal Property Taxes under the
Alternative Municipal Tax Collection Scheme by providing written notice of that
election to the municipality no later than June 1, 2026.
6.2
A Property Owner may elect to pay all Municipal Property Taxes under the
General Tax Collection Scheme by providing written notice of that election to the
municipality no later than June 1, 2026.
6.3
A Property Owner may change an election under sections 6.1 or 6.2 by giving
written notice to the municipality no later than June 1, 2026, provided that a
Property Owner may only change their election once.
6.4
If a Property Owner makes no election under section 6.1 or 6.2, the Alternative
Municipal Tax Collection Scheme automatically applies to the Property Owner.
6.5
Any written notice to be given under this section must be directed to the General
Manager of Finance and Technology, or their designate, at 100 Newport Drive,
Port Moody, British Columbia, V3H 5C3.
7. Severability
7.1
If a portion of this Bylaw is found invalid by a court, it will be severed, and the
remainder of the Bylaw will remain in effect.
Read a first time this 29th day of April, 2026.
Read a second time this 29th day of April, 2026.
Read a third time this 28th day of April, 2026.
Adopted this 12th day of May. 2026.
City of Port Moody Alternative Municipal Tax Collection Scheme Bylaw, 2026, No. 3542
EDMS#671053
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M. Lahti
Mayor
S. Lam
Corporate Officer
City of Port Moody Alternative Municipal Tax Collection Scheme Bylaw, 2026, No. 3542
EDMS#671053
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