2017 Assessment Notices

R.M. OF EYEBROW NO. 193

Notice is hereby given that the assessment roll for the R.M. of Eyebrow No. 193 for the year 2017 has been prepared and is open to inspection in the office of the assessor from 8:30 a.m. to noon and 1 to 4:30 p.m., on the following days: Monday to Thursday, March 27 to May 29, 2017.

A bylaw pursuant to section 214 of The Municipalities Act has been passed and the assessment notices have been sent as required.

Any person who wishes to appeal against his or her assessment is required to file his or her notice of appeal, accompanied by a $25.00 appeal fee which will be returned if the appeal is successful, with: The Secretary of the Board of Revision, R.M. of Eyebrow No. 193, Box 99, Eyebrow, SK S0H 1L0, by the 29th day of May, 2017.

Dated this 27th day of March, 2017.
Chris Bueckert, Assessor.

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ASSESSMENT

The RM of Eyebrow uses the Saskatchewan Assessment Management Agency (SAMA) to calculate and update all assessments with the municipality.  SAMA performs annual maintenance updates to properties showing an increase or decrease in assessment.  Every four years full revaluations on all properties province wide are carried out.  2017 is a revaluation year.  More information on SAMA and assessments can be found at http://www.sama.sk.ca

Understanding Assessment

The Assessment Process and Its Relation to 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 the application of provincial government established tax policy, such as property classes, percentage of value, and statutory exemptions. The third and final part of the process involves a provincial education mill rate factor, and the local mill rate factor which is determined annually by the local municipalities based on local budget needs. They then multiply the taxable assessment by these mill rates to determine your property tax bill.

Calculating Taxable Assessments

SAMA first determines the assessed value for the property. After that, a provincial government tax policy is applied. The policy multiplies a percentage formula against the assessed value, producing what is called the taxable value.

Provincial Property Classes and Percentages of Value:
Property Class  Taxable Percentage
(A) Agriculture  55%
(N) Non-arable (Range)  45%
(R) Residential  80%
(C) Commercial  100%
(E) Elevators  100%
(P) Railway  100%

Assessed Value X Percentage of Value & Exemptions X Local Mill Rate & Education Mill Rate = YOUR PROPERTY TAXES

http://www.sama.sk.ca/html/2/understanding.html

Online search for property assessment information in municipalities where assessment services are provided by SAMA can be found on SAMAVIEW at http://samaview.sama.sk.ca/sama

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