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Education Finance & Facilities Education Property TaxFinancing the public education system in Saskatchewan is a shared responsibility between the provincial government and school boards.
For general information on local assessment and taxation please refer to:
2009 - This year's budget introduces significant changes for funding the province's education system based on the direction provided within MLA Reiter's report and within the province's current fiscal capacity. The government is moving forward to achieve a fairer balance, to cut and cap education property tax rates, and to set province-wide tax rates for each of the three major property classes - residential, commercial, and agricultural. The Education Property Tax Credit program will no longer be utilized with the implementation of the new province-wide mill rates. The Government of Saskatchewan is providing the largest reduction in the education portion of property taxes in history while taking measures to ensure these savings continue.
In 2009, the total education property tax paid will be $649 million and in 2010, the total will be $596 million. This represents a tax savings to property owners of $156 million in 2010.
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