Municipal taxes pay for all the services and utilities residents, business owners, and visitors to the RM use. This includes maintenance (on all roads except provincial highways), water and sewer, Community Safety Officers, public works, staff, and governance costs. Each year, RM staff bring forward a list of projects for funding, and Council reviews this list and adopts it as part of the budget. Once the budget for each year is created, the total budget value is used to calculate the tax rate for each property within the municipality.
Taxes are levied in August and are due on December 31st of each year. There are also early payment discounts if you pay your taxes before specific dates. These dates include:
Note: These discounts only apply to the municipal portion of your taxes, not the amount owed to the school board.
- 5% if paid by September 30th
- 4% if paid by October 31st
- 2% if paid by November 30th
To calculate your annual tax, you can use the following equation:
|Municipal Taxes||SAMA Taxable Assessment Value x Municipal Mill Rate x Mill Rate Factor / 1000 = Municipal Taxes|
|School Taxes||SAMA Taxable Assessment Value x School Mill Rate / 1000 = School Taxes|
For example, if you owned a residential property assessed at $420,000, the municipal mill rate was 4.9073, the residential municipal mill rate factor (MRF) was 1.05, and the residential school mill rate was 4.54, your property taxes would be:
|Municipal:||$420,000 x 4.9073 x 1.05 MRF / 1000||= $2,164.12|
|School:||$420,000 x 4.54 / 1000||= $1,906.80|
|Total Taxes||= $4,070.92|
Click here to review the RM's 2023 Assessment Notice.
The municipal mill rate for 2023 is set at 4.9073 mills (1.5% increase from 2022). This mill rate will allow the RM to fully fund its 2023 budget.
Different types of property are also affected by Mill Rate Factors (MRF). In 2023, MRFs are set at: (same as 2022)
The province sets school mill rates. RM school taxes go to the Prairie Valley School Division: (same as 2022)
Click here to review the RM's 2022 Assessment Notice.
Municipal mill rate of 4.8348 mills
|Property Type||Mill Rate Factors (MRF)||School Mill Rates (set by province)|
|Agricultural:||x 0.975||1.42 mills|
|Residential:||x 1.05||4.54 mills|
|Commercial/Industrial:||x 0.95||6.86 mills|
|Resource:||x 0.95||9.88 mills|
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 properties every 4 years (as set by provincial regulations). SAMA reassessed all municipal properties in 2021; the next assessment year is scheduled for 2025.
You can learn more about your property-specific assessment value by visiting the Saskatchewan Assessment Management Agency (SAMA).
For more information, SAMA has prepared a Quickstart Guide, click here for a copy.
Paying your Taxes
To learn more about payment methods and information, click here.