2017 Property Assessment
Posted on Tuesday April 04, 2017 at 03:05PM
2017 is a province-wide property re-assessment year through the Saskatchewan Assessment Management Agency (SAMA). Assessment notices have been mailed to all property owners. We encourage you to review your assessment notice and ensure it is correct. Property owners have 60 days from the date that assessment notices are mailed to address any concerns that they have. The contact information for SAMA is located directly on your notice.
Residents may question how this impacts their property taxes. Through the budgeting process, council determines what level of funds the municipality requires to operate. Once that is completed and grant funds are accounted for, the amount of revenue needed from taxes is determined. The value is then used to calculate how much taxes will be. Council will set then set the mill rate. Your assessment may have doubled but that does not mean your taxes will double.
For more information: Understanding Assessment
Author: Town of Oxbow