Property Taxes

Please visit FIS to query up-to-date information regarding property taxes and assessments.

Property taxes are an important part of any municipality, as they help to ensure the citizens of Yorkton have excellent emergency services such as police and fire, as well as quality recreational facilities and a sound infrastructure.

New for 2011 - TIPPS - Tax Installment Payment Plan Service
TIPPS is a service provided to property owners to pay their Property Tax bill in 12 monthly installments.  Taxes are due on August 31stTIPPS_program_brochure_Sept2011, therefore the 12 month period will be September to August.  This will make your budgeting easier with no added fees or penalties.  For TIPPS FAQ and application form please click here.  You may also access the banking information change form or the cancellation form.

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Base Tax
City Council has opted to implement a Base Tax in the amount of $630.00 for residential properties, excluding vacant land. The base tax was applied in 2001 as a means to fund the cost of police, fire and residential garbage collection. The big change in 2011 is that the garbage portion of the base tax was removed from the tax bill and charged on the utilty bill.  The revenue derived from the base tax goes towards decreasing the mill rate for condominiums and residential properties.

The Base Tax is allocated as follows:

Gallagher Center Upgrade Base Tax
This capital project requires $1,200,000 on an annual basis for loan payments/debt on the facility, and these funds are raised by adding a flat rate of $100.00 per residence, including multi-unit properties, along with a mill rate increase on commercial.

Capital Works Base Tax
The Capital Works Base Tax has increased by $10 in 2011 to $110/property including residential, commercial, agriculture and vacant land.  Funds are targeted towards capital improvements in core services such as arterial roads, sidewalks, drainage, traffic controls, etc.

Business Improvement District
The Business Improvement District was established to assist local business people and property owners in revitalizing their business, as well as expanding trade and commerce in their district.

The City of Yorkton provides administrative assistance to the BID by collecting a levy established by the business community from each property owner located within the BID district.  These funds are then used by the BID for various activities such as:  streetscaping, lighting, market and promotion of programs, etc.

The levy is based upon a flat $200.00 fee per property plus 0.55 mills of total tax assessment. 

Mill Rate and Tax Calculation
To determine what the municipal mill rates will be the City first calculates how much property tax revenue is needed for operating and capital costs for the year, and what portion of property taxes are to be collected from commercial and residential property owners.  The total revenue required is then divided by the taxable assessment, with the result being the applicable mill rate.  The mill rate may change from year to year depending on the tax revenue required and possible changes to the assessment base.

The education mill rates are set by the provincial government as of 2009.  The City of Yorkton has no control over school board budgets or operations.

The property tax calculation is as shown below.

The following are sample calculations for the various property classes with a full value assessment of 100,000. 

*Note:  $100,000 residential = Taxable Assessment $70,000        

Where does my 2011 tax dollar go?