Saskachewan Property Tax Calculator 2020

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Property Tax in Saskatchewan

Property tax is a tax based on the assessed value of a property. If you own a property, you will have to pay property tax. It is used to pay for city services such as police, the fire department, and public transit as well as elementary and secondary education.

SAMA Assessment Value of the Property
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City
2020 Property Tax Value
$4,5604.56k
2020 Residential Property Tax Rate
0.781000 %

2020   Tax Rates for Cities Near Saskatoon

City Final Tax rate
Prince Albert1.149300 %
Regina0.912581 %

Check Property Tax Calculator of Each City

Table Title
City Name
Property Tax Page
Prince Albert
Moose Jaw
Regina
Saskatoon

Property Taxes in Saskatchewan

Property taxes in Saskatchewan are primarily made up of two components: a municipal tax and a provincial education tax. The former is used to fund municipal expenditures including city services, police and local infrastructure. The latter is used to fund primary and secondary education throughout Saskatchewan.

Property Taxes in Saskatchewan for a $500K Saskatchewan Assessed Value Home*

Property Taxes in Saskatchewan for a $500K Saskatchewan Assessed Value Home

How Property Tax Rates are Determined in Saskatchewan

The Saskatchewan Assessment Management Agency (SAMA) revalues property every four years, and the year on which the assessments are determined is called the “base date.” SAMA uses a system that calculates the value based on long-term values and avoids taking into account short-term market fluctuations, and thus their assessment may be different from the market prices which are immediate and based on fluctuating market conditions.

Establishment of the Tax Rate in Saskatchewan

When the municipal council determines the financial budget for the year, they predict an expected revenue that needs to be funded by property tax for municipal services. Based upon the expected revenue, they then decide a municipal tax rate that will allow them to achieve the revenue amount. The tax rate is expressed in mills, where 1 mill = 0.001.

In order to distribute the tax amongst different types of properties, Saskatchewan uses the mill rate factor system where each property classification is assigned to pay a certain percentage of the tax rate. For example, a property determined to be of the residential type will pay a smaller percentage of the full tax rate than one of the commercial type. The mill rate factor is determined by the municipality council, and can be higher than 1.0 for some property classes. For each municipality, the highest mill rate factor for a class cannot be higher than nine times the lowest rate factor for another class.

money
Save over $10,000 on your mortgage.
2.79%*5-Year Fixed

Lower than the Major Banks

* For mortgages of at least $500,000 with down payment under 20%.
WOWA assumes no liability for the accuracy of information presented.
† For mortgages of at least $500,000 over a 25-year amortization period.

Calculation of the Tax in Saskatchewan

After your property is assessed by the assessment service provider of your municipality which is usually the Saskatchewan Assessment Management Agency (SAMA), a taxable rate established by the province will be applied to the full value which determines your taxable assessment.

For the municipal portion of your tax, the municipal mill rate will be multiplied by the total taxable assessment then multiplied by the mill rate factor for determining the amount.

There is a set education mill rate established by the province for all municipalities, and no mill rate factor is applied to it. It is multiplied by the taxable assessment to determine the education portion of the tax.

The combination of municipal and education tax portions along with any base taxes or other special taxes determines the full amount of your tax.

Some municipalities also have established minimum taxes, where if the taxable assessment of your property is too low you may have to pay a higher flat fee instead.

This calculator is provided for general information purposes only. This calculation may not include any special charges, levies or fees. Results are approximations only. For official and the most up-to-date information, please see your property tax bill or contact the relevant taxation authority of your region.