Assessment
Assessment of all property is undertaken by the Saskatchewan Assessment Management Agency .
Copies of assessment field sheets will be provided to the owner of the property, upon request, at no charge. The cost of providing copies of assessment field sheets to any other person is set at $10.00 per property.
Saskatchewan Assessment Management Agency (SAMA) is contracted to determine the fair value of all property within the Municipality. All assessments are determined according to a base date and a reassessment is completed on all property every four (4) years. The 2009 year was a reassessment year using a base year of 2006. The four year cycle is determined by provincial government regulations.
| Property Class | Taxable Assessment is based on % of Fair Value |
| Residential | 70 % |
| Multiunit Residential | 70 % |
| Agricultural Land | 70 % |
| Non-Arable Agricultural (Pasture) Land | 55 % |
| Commercial/Industrial | 100 % |
| (SAMA) | (Province) | (Local Government) | (Tax Payer) | |||
| Assessed Value | X | Percentage of Value | X | Mill Rate | = | Property Taxes |
| Education Mill Rate | ||||||
| & Exemptions |
Examples:
| 1. Fair Value – Residential 325,000 |
Taxable of 70 % 227,500 |
RM 2009 Mill Rate 9 Mills |
Property Taxes $ 2,047.50 |
| 2. Fair Value – Commercial 325,000 |
Taxable of 100 % 325,000 |
RM 2009 Mill Rate 9 Mills |
Property $ 2,925.00 |