Assessment & Taxation

Municipal Assessment & Taxation

The RM of Sherwood uses the Saskatchewan Assessment Management Agency (SAMA) to calculate and update all assessments within the municipality.  SAMA performs annual maintenance updates to properties showing an increase or decrease in assessment.

The provincial government mandates SAMA to conduct periodic revaluations of all Saskatchewan properties every four years to coincide with the change to a new base date. A full revaluation of all properties was completed province wide in 2017 using a 2015 base date. Provincial legislation requires municipalities to use these values when determining tax amounts for a property.

SAMAView is an on-line search tool that allows general public access to property assessment information in municipalities where assessment services are provided by SAMA.

SAMAView                 http://www.samaview.ca/sama/

The SAMA website is a useful resource that provides more detailed information on property assessment in Saskatchewan.

http://www.sama.sk.ca/

Further information regarding Property Assessment and Taxation can be found on the site below:

Government of Saskatchewan Website
http://www.saskatchewan.ca/residents/taxes-and-investments/property-taxes

Understanding Your Assessment Notice

Assessment Appeals

Any person with an interest in the assessed value or classification of  property can appeal the property assessment.

You can appeal if you believe there has been an error in:

  • the assessed value;
  • the classification;
  • the contents of the assessment roll; and
  • the assessment notice.

The Assessment Appeals Guide in Saskatchewan For Citizens guide explains the property assessment appeal process.

Appeal Forms must be fully completed and include payment of the Appeal Fee.

Assessment Appeal Fees
(per Bylaw 04/10)

What is the relationship between property assessment and taxes?

SAMA has been mandated the responsibility for determining assessment values for all properties, while the task of setting property taxes belongs to municipal governments.

The relationship between assessment and taxes comes from the fact that municipal governments levy taxes as a “mill rate” that is charged as a proportion of a property’s assessment value.

Understanding Assessment

SAMA first determines the assessed value for the property. After that, a provincial government tax policy is applied. The policy multiplies a percentage formula against the assessed value, producing what is called the taxable value.

Provincial Property Classes and Percentage of Value:

Property Class Taxable Percentage
(A) Agriculture 55%
(N) Non-arable (Range) 45%
(R) Residential 80%
(C) Commercial 100%
(E) Elevators 100%
(P) Railway 100%

2018 Municipal Property Tax Mill Rates

The municipal mill rates set for the 2017 tax year are as follows:

Property Class Mill Rate Mill Rate Factor
(A) Agriculture 4.8 mills 1.49
(R) Residential 4.8 mills 0.99
(C) Commercial/Industrial 4.8 mills 0.93

Mill Rate Factors

A municipality may use mill rate factors to transfer some of the cost of public services from one property classification to another.  All property in a municipality is classified as agricultural, residential or commercial / industrial.  Mill rate factors essentially adjust the mill rate, with the result that the effective mill rate for a specific property classification may be higher or lower than other property classifications.

2018 Education Property Tax Mill Rates

As of January 1, 2013, municipalities cannot apply discounts or incentives to education property tax.

Mill rates for education taxes are set by the Government of Saskatchewan. More information on the setting of education property tax mill rates can be found at:

http://www.saskatchewan.ca/residents/taxes-and-investments/property-taxes/education-property-tax-system

The mill rates set for the 2018 tax year are as follows:

Property Class Mill Rate
(A) Agriculture 1.43 mills
(R) Residential 4.12 mills
(CO) Commercial/Industrial 6.27 mills
(CR) Resource (Oil, Gas, Pipelines, etc.) 9.68 mills

Property Tax Payments & Discounts

The deadline for payment of taxes is December 31st.

The following discounts will be applied to your municipal property taxes if payment is received by:

August 31st 5%
September 30th 4%
October 31st 3%
November 30th 2%

Payments are processed and the applicable discount applied according to the date payment is received.

Education Property Tax Discounts

As of January 1, 2013 municipalities cannot apply discounts or incentives to education property tax

Municipal Hail Property Tax Discounts

Discounts for early payment of current year hail taxes

  • 5% if paid before October 1st
  • 4% if paid on or after October 1st but before November 1st
  • 2% if paid on or after November 1st but before December 1st
Sherwood C&D Area No. 151 Property Tax Discounts

As of January 1, 2016 Sherwood C&D Area No. 151 is not offering discounts on applicable C&D taxes

Late Payment Penalties

Late payment penalties are added each month to property taxes that remain unpaid as of December 31st of each year, at the rate of 1.0% per month or 12.0% per annum.

Understanding Your Property Tax Notice

Taxation in Rural Municipalities – Assessment Exemptions

If you occupy a dwelling in the RM of Sherwood, you may qualify for an exemption to reduce all or a portion of the taxable assessment on your principal dwelling, as per section 293 of The Municipalities Act. Dwellings located within hamlets are excluded.

The total taxable assessment of any agricultural land you own or lease located within the RM of Sherwood or in adjoining Saskatchewan rural municipalities will be applied to reduce your residential taxable assessment. An assessment can only be used to reduce residential taxable assessment once.

An affidavit listing land owned or leased within the municipality or adjoining municipalities must be completed and returned to the assessor prior to March 31 of the tax year to receive the exemption.

Affidavit for 293 Exemption Form