Newspaper article The Canadian Press

Figures Show Saskatoon Taxpayers Looking at 4.96 Hike in Property Taxes

Newspaper article The Canadian Press

Figures Show Saskatoon Taxpayers Looking at 4.96 Hike in Property Taxes

Article excerpt

Saskatoon taxpayers looking at tax hike

--

Saskatoon city council has been presented with a 2018 preliminary budget that would include a 4.96 per cent property tax increase.

City administration says the tax hike is needed to raise an additional $10.9 million to fund larger budgets for police and snow removal, as well as fill the gap left by cuts in the provincial budget.

The city says that would translate into $86.37 more for the average taxpayer's annual property tax bill, based on a property value assessment of $371,000.

Budget officials are laying blame for more than half of the tax increases on changes to the grants-in-lieu program made by the province in the spring, as well as lower provincial sales tax transfer payments.

Kerry Tarasoff, the city's chief financial officer, says they couldn't handle another major funding cut. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.