Property assessment is a key part of the municipal taxation process.  Assessment is the process of valuing all properties within a jurisdiction using a specified appraisal technique.

The Saskatchewan Assessment Management Agency (SAMA) is an independent agency bound by provincial legislation that provides property assessment services to Saskatchewan municipalities.  The Town of Kindersley’s Assessor works with SAMA to determine reliable assessment values for local properties.  Properties are re-assessed every four years.  2025 is a re-assessment year in Saskatchewan.

It is important to recognize that property assessment values may not necessarily reflect market value growth, except when re-evaluation updates occur every four years.  When property assessments are calculated, a base date is selected and the assessment reflects the value of the property as it would have existed on that base date.

PROPERTY ASSESSMENT DOES NOT EQUAL PROPERTY TAX

*Municipalities have the authority to use a series of tax tools ranging from mill rate factors to minimum taxes. SAMA’s role in determining assessed value for properties is just the first part of a process established by provincial legislation. The second part is application of provincial government-established tax policy, such as property classes and percentage of value, and statutory exemptions. The third and final part of the process involves municipalities annually determining the local mill rate based on local budget needs. The province sets the mill rate for the education sector. Municipalities then multiply the taxable assessment by the local mill rate to produce property tax levies, also known as your property tax bill.

Once assessment calculations are received and distributed, taxpayers have a designated amount of time to appeal their assessment. For more information regarding appeals, please visit SAMA’s website at www.sama.sk.ca .

You may also wish to use the SAMAVIEW link to view your own individual property information.

SAMA conducts revaluations based on a four-year cycle. 2021 was the year of the last revaluation, and the 2025 Revaluation will see assessed values updated to reflect a new base date of January 1, 2023. The legislated base date means that 2025 values reflect a property’s value as of January 1, 2023.

Click to view the following educational resources:

• Understanding Assessments
• Residential Property
• Commercial Property

What is New for the 2025 Revaluation

For the 2025 Revaluation, assessed values will be updated to reflect a new base date of January 1, 2023.  The legislated base date means that 2025 values reflect a property’s value as of January 1, 2023.

Assessments in Saskatchewan are historical. In other words, the date of valuation for a property is in the past. For 2025 to 2028, property values will reflect the market conditions as of a base date of January 1, 2023. SAMA cannot consider sales or rental information from after January 1, 2023, when implementing new values with the 2025 Revaluation. Any sales or rental information from after the base date will be considered for the next revaluation.

The overall trend is showing that values have remained relatively stable from last revaluation to this revaluation and percent changes to total assessments between classes has not drastically changed. However, ag land values have seen the largest increase when compared to residential and commercial properties, therefore there is a possibility in a shift in the assessments. Values have generally increased which is due to a variety of factors.

Arable and pastureland has increased by 40%.  Saskatchewan farmland had the greatest increase in value across the country, with consistently strong increases in the market over the 4 years leading up to the 2023 base date.  Farm Credit Canada also observed a similar increase through their analysis of arable and non-arable (pasture) sales.

Commercial properties are showing a similar market when compared to the provincial trend. SAMA utilizes a cost approach (reproduction cost new less depreciation or RCNLD) to value these types of properties which is reflected in the increased assessments.  Costs to construct include costs associated like materials used and labour, which have steadily increased. Alternately, multi-unit residential and residential properties are indicating a weaker market.

What is the Same for the 2025 Revaluation

The 2025 Revaluation will continue to use the market valuation standard for the assessment of residential and commercial properties. The regulated property assessment valuation standard will continue to be used for the assessment of agricultural land, heavy industrial property, railway roadway, pipelines and resource production equipment (mines and oil and gas wells).

The 2025 Revaluation will maintain the stability of Saskatchewan’s assessment system from a governance perspective by not introducing any major changes to assessment policy.

The Saskatchewan Assessment Management Agency provides an online tool for property owners to view their individual property assessments. At SAMAView, you can:

1. Verify your property assessment information
2. Compare your assessment to similar or neighbouring properties; and
3. Get a general idea of assessed values in your municipality.

Additional information can be found on the SAMA website or the Province of Saskatchewan Ministry of Municipal Affairs .

Municipal Tax

Once property assessments have been determined by SAMA, Town Council sets a mill rate.  A mill rate is the amount of tax paid per $1,000 of assessed property value.  Mill rate factors and other tax tools may be used by Town Council to redistribute the amount of total taxes paid by each property class.  The Town of Kindersley has three main property classes:

• Residential
• Commercial/Industrial
• Agricultural

A base tax is a tax tool where a specified dollar amount per unit is added to the municipal portion of each tax bill, regardless of its assessed value.

Mill rates are calculated annually by dividing the Town’s budgeted revenue by the property assessment values determined by the Saskatchewan Assessment Management Agency. The last reassessment was in 2021.

2022 Approved Millrates & Minimum Tax

Education Tax

Saskatchewan municipalities also collect education property taxes from property owners, based on tax rates that are set by government.  Every Saskatchewan citizen is required to pay education tax.  Municipalities must remit these taxes to local boards of education.  The Town of Kindersley collects education taxes on behalf of the Sun West School Division. The municipality does not keep any portion of education taxes and is not responsible for any part in determining what the education mill rate will be.

The following formula outlines how the municipal portion of property taxes is determined:

Property tax = (Taxable Property Assessment x Mill Rate x Mill Rate Factor) ÷ 1,000

Paying Taxes

Tax payments can be made anytime prior to July 31, 2022 without penalty. On August 1, 2022, a penalty of 1.5% will be applied to any unpaid current taxes, as well as on the first day of each additional month the taxes remain unpaid.

Taxes that remain unpaid after December 31 of the year in which they are levied shall be considered in arrears and subject to a penalty. This penalty is 2% per month and is applied the first day of each month that the taxes remain unpaid,

Please note that tax payments can be made any time before tax notices are received. This can be done through online banking, by post-dated cheques, or payments made at the Kindersley Administration Office. For any other payment arrangements, please contact the Town of Kindersley at 306-463-2675.

For more Frequently Asked Questions, click here.