Additional property tax could be coming; mayor of NB
North Battleford Mayor, Ryan Bater, didn’t come back from the Saskatchewan Urban Municipalities Association (SUMA) convention particularly enthused about the state of the province. So much so he is warning that additional property tax increases could be on the way.
“I came back with more questions and concerns,” Bater said.
According to the mayor, there were two major takeaways from the convention North Battlefords residents should be aware of. First is the existing formula for revenue sharing will be continue for at least the next two years, but more importantly, municipalities don’t know where they stand when it comes to grants-in-lieu of Crown corporations.
“Last year we lost the royalties, but maintained some of the payments in lieu of property taxation,” Bater said. “Those could be amended this year. In addition, they capped the losses at 30 per cent of what the revenue sharing was last year. Our losses were 43 per cent, but because they capped it we didn’t lose all of it. There is talk of lifting that cap though.”