Town of Cobourg announces new tax-bill structure

Photo of Victoria Hall. By Dan Jones, Northumberland 89.7 News and LJI

By Cecilia Nasmith

Cobourg

The Town of Cobourg announces a change to payment cycles for this year's tax bill.

Issued twice per year, each tax bill for 2025 will contain two installments – meaning four payments per year.

The first bill will be based on 50% of your previous year's tax bill (with no increase reflected), broken into two payments. These will be due Feb. 28 and April 30.

The second bill, sent out in the spring, will contain the final two installments that will reflect your updated 2025 tax rates. Broken into two payments, these installments will be due June 30 and Sept. 30.

These tax bills combine three levies – the municipal tax rate set by the Town of Cobourg, the county tax rate set by the County of Northumberland, and the education tax rate set by the Province of Ontario.

The town approved its 2025 municipal budget in December, which includes a 5.23% net increase after allowing for new assessment growth of 2.32% and an infrastructure levy of 1%. Once the education and county budgets have been calculated, increases over the 2024 levy will be divided between the final two installments.

There will no longer be separate installment dates for residential and commercial and industrial properties.

For property owners enrolled in the Town of Cobourg pre-authorized payment plans, there is no change. Commercial owners enrolled in the plan pay 12 installments, one each month. Residential owners in the plan pay 10 installments between February and November, and there is the option to switch to a 12-month plan. To learn more about this option or about enrolling in this plan, visit Cobourg.ca/taxes.

The town also encourages you to consider going paperless by registering for e-billing – visit Cobourg.ca/taxes for more information.