Google Translate Disclaimer
A number of pages on the Government of Saskatchewan's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:
Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.
Software-based translations do not approach the fluency of a native speaker or possess the skill of a professional translator. The translation should not be considered exact, and may include incorrect or offensive language. The Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Some files or items cannot be translated, including graphs, photos and other file formats such as portable document formats (PDFs).
Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.
The Local Government Committee (LGC) approves municipal debt limits.
Below are the steps to apply to establish a debt limit.
Municipalities require approval from the LGC to establish a debt limit.
The LGC will review and make a decision regarding the application.
Cities may apply to have a debt limit established. The LGC recommends a city have an established debt limit to avoid the requirement for approval of every borrowing it undertakes. A city's debt limit is determined by its own source revenues from the previous year.
Newly updated legislation allows for municipalities other than cities to apply to the LGC to establish a debt limit that exceeds their own source revenues from the previous year. Municipalities interested in establishing a debt limit should consult with the LGC to determine the anticipated benefits.
Establishing a debt limit will allow a municipality to borrow money for a term of over three years without approval from the LGC. However, if the municipality would like to borrow or guarantee money in excess of its debt limit, approval would be required for the additional amount.
For cities, you may apply to the LGC if you'd like to establish or change your debt limit.
For other municipalities, you may apply to the LGC if:
If you are eligible to apply:
We need your feedback to improve saskatchewan.ca. Help us improve