Taxes and Assessments

ASSESSMENT

The Saskatchewan Assessment Management Agency (SAMA) is an independent agency that provides assessment valuations which is how tax rates are calculated. Search and view your property’s assessment by conducting a property search online on SAMAView.

All Saskatchewan properties are assessed at mass market value as defined in the municipal act, not individual property sales price value. The calculations used to determine mass market value are based on the formulas, rules, and regulations set out by Provincial legislation and in the Saskatchewan Assessment Manual and best practices.

Market value assessments are determined by reconciling all three approaches to value: Cost, Direct Comparison, and Income Approach (where applicable), to determine an aggregate value to all property. Assessors evaluate properties based on a number of variables to determine the value assessment. These variables include, but are not limited to:

  • lot size
  • building size
  • construction quality
  • location
  • age of the building

For more information, please go to the www.sama.sk.ca website.

Taxation

Due Date

Property and other taxes imposed by the Town of Kelvington are deemed to be imposed on the first day of January in each year and shall be due on the thirty first day of December in each year.

 

Penalty on Arrears of Taxes

Taxes which remain unpaid after the 31st day of December of the year in which they are levied shall be subject to a penalty of 12% added January 1st

 

Incentive Program – Prompt Payment

Discounts shall be allowed as follows

  • January 1st until the end of July shall be eligible for a discount of 6% of the amount paid;
  • during the month of August shall be eligible for a discount of 5% of the amount paid;
  • during the month of September shall be eligible for a discount of 4% of the amount paid;
  • during the month of October shall be eligible for a discount of 3% of the amount paid; and
  • during the month of November shall be eligible for a discount of 2% of the amount paid.

 

Incentive Program – Prepayments

The rate of discount relative to prepayment of taxes shall be 6%.

Residential New Build Tax Incentive Policy

New Build Tax Incentive