CFIB’s annual comparison of property taxes between Saskatchewan municipalities revealed, on average, commercial property owners paid 2.23 times what residential owners paid in municipal property tax in 2015. The property tax gap is a measure of property tax fairness for small businesses.
This year’s edition of Wanted: Property Tax Fairness in Saskatchewan is the ninth in a series of reports examining municipal and total property tax gaps in the 75 municipalities and 31 Rural Municipalities (RMs) with populations of 1,000 or greater. The tax gap measures the ratio of commercial and residential property tax bills for properties assessed at $200,000.
Some key findings include:
- Waldheim had the lowest municipal property tax gap at 0.97 in all of Saskatchewan!
For highlights of the study, and for more information, click here.
Analyzing municipalities in the Central West Saskatchewan region, yielded the following results,
Municipal Property Tax For 2015
- Waldheim had the lowest municipal property tax gap
- Waldheim had lowest commercial municipal property tax bill
Total (Municipal & Education) Property Tax for 2015
- Waldheim had the third lowest total property tax gap
- Waldheim had the lowest total commercial property tax bill