Your municipal taxes pay for services such as police, fire, road maintenance, water, sewer, garbage and recycling, parks, cultural and recreational facilities, social, health and welfare, planning, municipal administration and Council costs.
The Town of Radville is responsible for collecting Education Property Tax from property owners on behalf of the Provincial Government. The Board of Education relies on property taxes to support education throughout the province. The Town of Radville collects the Education Taxes and forwards to the government for both school divisions; Public and Separate.
While the Town of Radville is required by legislation to collect school taxes and local authority taxes, the municipality has no jurisdiction over setting the tax rates.
As of January 1, 2013 the Provincial Government does not allow any discounts on the school portion of your property taxes.
Payment Methods
The Town of Radville offers the following options to pay for your taxes:
An assessment is the act of determining a property’s value. SAMA determines the assessment values for all properties, whereas the task of setting property taxes belongs to municipal governments.
Taxable assessment is legislated provincially determining the percentage of the assessed value that is taxable by a municipality. The taxable assessment on residential properties is 80% of the assessed value. For example, this means that if your residential property has an assessed value of $325,000, your taxable assessment is 80% of $325,000 which is $260,000 – so your taxes would be based on a value of $260,000. Commercial properties have a 100% taxable assessment value.
Since the starting point is the assessed value, it is important to make sure that each property’s value is assessed fairly by SAMA.
If the value of your property changes one of the two things may have occurred, the real estate market may have changed or the property may have been changed. For example: the buildings may have been upgraded.
Annually there is an appeal process you can follow. For more information on the appeal process contact the Town of Radville. To discuss the methods used to arrive at the value of your property please contact SAMA.
The policies, procedures and standards for assessment are determined by SAMA, and must be followed by all Saskatchewan Municipalities. This job is mandated to SAMA by provincial legislation titled The Assessment Management Agency Act. SAMA provides the Town of Radville with assessment maintenance, revaluation and reassessment work.
The base date is the year on which property assessments are determined. Revaluations are done every four years so that assessed values remain as up-to-date as possible. The current revaluation was implemented in 2021 and is based on 2019 market conditions. The next revaluation will be completed in 2025.
SAMA
Saskatchewan Assessment Management Agency
Weyburn Regional Office
1-306-848-2575
1-800-498-0575
www.sama.sk.ca
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