Property Assessment
Property assessment is a
key part of the municipal taxation process. Assessment is the process of
valuing all properties within a jurisdiction using a specified
appraisal technique.
The Saskatchewan Assessment Management Agency
(SAMA) is an independent agency bound by provincial legislation that
provides property assessment services to Saskatchewan municipalities.
The Town of Macklin works with SAMA to determine reliable assessment
values for local properties. Properties are re-assessed every four
years. 2021 was a re-assessment year in Saskatchewan.
It is
important to recognize that property assessment values may not
necessarily reflect market value growth, except when re-evaluation
updates occur every four years. When property assessments are
calculated, a base date is selected and the assessment reflects the
value of the property as it would have existed on that base date.
For more information regarding appeals, please visit SAMA's website at&www.sama.sk.ca. You may also wish to use the SAMAVIEWlink to view your own individual property information.
Property Taxation
Municipal Tax
Once
property assessments have been determined by SAMA, Town Council sets a
mill rate. A mill rate is the amount of tax paid per $1,000 of assessed
property value. Mill rate factors and other tax tools may be used by
Town Council to redistribute the amount of total taxes paid by each
property class. The Town of Macklin has three main property classes:
Residential
Commercial/Industrial
Agricultural
A
base tax is a tax tool where a specified dollar amount per unit is
added to the municipal portion of each tax bill, regardless of its
assessed value.
Mill rates are calculated annually by dividing the
Town's budgeted revenue by the property assessment values determined by
the Saskatchewan Assessment Management Agency. The last reassessment
was in 2021.
Education Tax
Saskatchewan
municipalities also collect education property taxes from property
owners, based on tax rates that are set by government. Every
Saskatchewan citizen is required to pay education tax. Municipalities
must remit these taxes to local boards of education. The Town of Macklin
collects education taxes on behalf of the Living Sky School Division. The
municipality does not keep any portion of education taxes and is not
responsible for any part in determining what the education mill rate
will be.
Paying Taxes
Tax
payments can be made any time prior to December 31 without penalty. On
January 1, a penalty of 12% will be applied to any unpaid taxes.
Please
note that tax payments can be made any time before tax notices are
received. This can be done through online banking, by post-dated
cheques, or payments made at the Macklin Town Office.
For any other payment arrangements, please contact the Town of Macklin. 306-753-2256
SAMAView
The
Saskatchewan Assessment Management Agency provides an online tool for
property owners to view their individual property assessments. At SAMAView,you can:
- Verify your property assessment information
- Compare your assessment to similar or neighboring properties; and
- Get a general idea of assessed values in your municipality.