Potential (TIPP) Tax Adjustment in July

Whether you are a new homeowner or already set up with the TIPP program, your monthly payment will be automatically adjusted every July to account for any change to the tax rate. Notification of your new withdrawal amount will be indicated on your tax notice.

Here’s how the math works: Total yearly taxes - payments made from January to June ÷ 6 (remaining months in the year) = the withdrawal amount from July to December.