Municipal Property Tax Financing Program

Municipal Property Tax Financing Program 

The Town of Trenton recognizes that many citizens and businesses have been significantly impacted by the COVID-19 pandemic. The municipality is, therefore, offering a one-time property tax financing program for owners of residential and commercial properties negatively affected by the COVID-19 global pandemic. 

This is a deferment program, not tax forgiveness, for financing of 2020/21 tax bills only. The 2021/22 tax bills will be issued with set deadlines for both (interim/final) taxes. It is recommended that property owners who can do so, pay their tax bills by June 30, 2020 to avoid interest charges.

For taxes for any property to qualify for the Program, the taxes for the property must not be in arrears at the time of application. 

You qualify if you are the owner of a: 

  • Residential property that is your primary residence and you have experienced financial hardship through a significant reduction in income due to the State of Emergency. 
  • Taxable commercial properties (shopping, office, industrial, farm) who has experienced financial hardship through at least 30% loss of revenue related to the State of Emergency. 
  • Property that is used for tourist accommodations (e.g., hotels, motels, bed and breakfasts - excluding AirBNBs) and you are a tourism operator registered under the Tourist Accommodations Registration Act. 

Further details & eligibility criteria are detailed in the Property Tax Financing Program Policy:

pdf GOV-20200616 - PROPERTY TAX FINANCING PROGRAM POLICY (401 KB)

How does the program work?

If your application is approved, your property tax payments will be spread out over 30 months. Your first six (6) payments will be $25 per month. The remainder of your tax bill will be divided by 24 to get the monthly amount you will be expected to pay. A small amount of interest (1.35%) will be applied to your monthly payments.

Example: Resident X owns her own home but lost her job due to COVID-19. She applies for the Municipal Property Tax Financing Program and her application is approved. Resident X's tax bill is $2,000. She pays $25 for the first six months. After six months her balance of 2,000 - $150=$1,850 is divided into 24 equal payments of $78.17 plus interest. Resident X must pay this amount every month for 24 months. At the end of the program Resident X has only had to pay $25.97 in interest.    

Please Note: If you default on any of your monthly payments you will be taken out of the program and will be required to pay the full amount owing.  Interest rates will increase to 1.25% per month if you default on your monthly payments.  

How do I apply? 

Residents who believe they are eligible can apply through an on-line form at https://nspropertytaxprogram.ca. The information is being collected by the Association of Municipal Administrators (AMANS) and the Federation of Nova Scotia Municipalities (NSFM) on behalf of the municipality. This information will be sent to the municipal office for review and approval. Please note: 

  • The application must be completed by the owner(s) of the property. 
  • The online form must be fully completed for your application to be considered. Please review the application examples provided below prior to filling out your official application online as this will allow you to learn what will be required to submit with your application:
  • You will be asked for your Municipal Account Number which can be found on interim tax bill from the Town of Trenton. If you do not have access to your interim tax bill, please contact the Town Office at 902-752-5311 during regular business hours (Monday to Friday, 8:30am to 4:30pm). 
  • The deadline to submit your application is July 15th, 2020. 

A confirmation that your application has been received will be sent via e-mail.

Dependingn on the volume of applications, the Town Administration will strive to notify applicants within a few business days of their application submission.