Provincial Standardized Property Tax Discount Rate

Year: 2012


Whereas the Ministry of Education establishes a province wide mill rate for education property tax; and Whereas the Ministry of Education must budget for any funding loss resulting from a property tax discount offered by a municipality; and Whereas a standardized discount rate would provide for an easier method in budgeting for the ministry and also reduce competition between communities; Therefore be it resolved that the SUMA urge the Government of Saskatchewan to establish a standardized property tax discount rate to be tied to the Bank of Canada rate. Be it further resolved that urban governments retain the authority to choose whether or not to offer a property tax discount.

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