TAXATION

BASE AND MINIMUM AMOUNTS

A base tax in the following amounts shall be levied on residential classes:

  • $225.00 with respect to land with no improvements; and
  • $1,000.00 with respect to land with improvements.

A minimum tax in the following amounts shall be levied on commercial and industrial classes:

  • $500.00 with respect to land with no improvements; and
  • $1,050.00 with respect to land with improvements.

Where a property has more than one property classification, the levy calculation for that property shall be based only on the property classification providing the highest amount of levy.

Where a person is assessed for two or more parcels of land sharing one or more common boundaries and the parcels are occupied by that same person and are used by that same person and the parcels frontage is served by the same street or avenue the Town of Broadview may, on its own initiative or upon application by the assessed owner, the Town of Broadview may adjust the base tax applicable to the parcels with common boundaries.

USE OF MILL RATE FACTORS

A mill rate factor shall be applied to the uniform mill rate for the following classes of land and improvements:

Property Class   Mill Rate Factor
Agricultural 1.0000
Residential 0.2500
Commercial 1.2500

Following Saskatchewan Assessment Management Agency’s 2013 Assessment Revaluation the Town’s Mill Rate was set at 20.00 mills which is still and it is anticipated that this will remain for 2016. There will be another assessment revaluation in 2017 so the mill rate may change then. Please contact the Town Office CAO for up to date information.

The above information taken from the noted bylaws, providing for Base & Minimum Amounts of Tax and Use of Mill Rate Factors then work off the 20.00 mill rate to establish the municipal tax levy on properties.

TAX TOOLS

In December 2014 the tax incentive on Commercial/Industrial Properties was increased to 100% for each of the first 3 years after construction commenced on a new building.

Should the new building be replacing or adding to an existing building the tax incentive will only apply to the increased assessment amount from existing to new assessment.