Taxes & Assessment

Assessment

The RM of Wilton uses the Saskatchewan Assessment Management Agency (SAMA) to calculate and update all assessments with the municipality.  SAMA performs annual maintenance updates to properties showing an increase or decrease in assessment.  Every four years full revaluations on all properties province wide are carried out.  The last full revaluation was done in 2009 with the next revaluation scheduled for 2013.  More information on SAMA and assessments can be found at http://www.sama.sk.ca

Online search for property assessment information in municipalities where assessment services are provided by SAMA can be found on SAMAVIEW at http://samaview.sama.sk.ca/sama

Calculating Taxable Assessments

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 Percentages of Value:

Property Class	Taxable Percentage
(A) Agriculture	55%
(N) Non-arable (Range)	40%
(R) Residential	70%
(C) Commercial	100%
(E) Elevators	75%
(P) Railway	75%

2012 Municipal Property Tax Mill Rates

The municipal mill rates set for the 2012 tax year were se t as follows:

Property Class	Mill Rate	Mill Rate Factor
(A) Agriculture	9.652 mills	1.2
(R) Residential	9.652 mills	.7
(C) Commercial/Industrial	9.652 mills	7.2

Economic Development rebates are applied to some commercial properties. For more information on economic development rebates on commercial assessments contact the RM of Wilton office at 306-387-6244.

2012 Education Property Tax Mill Rates

As of January 1, 2013 municipalities cannot apply discounts or incentives to education property tax.  Discounts will only apply to municipal taxes.

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.municipal.gov.sk.ca/Programs-Services/Education-Tax-System.

The mill rates set for the 2012 tax year are as follows:

Property Class	Mill Rate
(A) Agriculture	3.91 mills
(R) Residential	9.51 mills
(C) Commercial
First $499,999 taxable assessment	12.25 mills
Next $5,500,000 taxable assessment	14.75 mills
Remaining taxable assessment over $5,999,999	18.75 mills

Taxation in Rural Municipalities - Residential Exemptions

If you occupy a dwelling in the RM of Wilton, 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 Wilton 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.

This affidavit can be found here.