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2015-16 Budget Provides Record Municipal Revenue Sharing

Released on March 18, 2015

The 2015-16 Provincial Budget is helping to keep Saskatchewan municipalities strong by providing a record $265.3 million in municipal revenue sharing.
  
That’s up $8.3 million or 3.2 per cent from the 2014-15 Budget and up $138 million or 108 per cent from the 2007-08 Budget.

“Municipal revenue sharing is a program that is fundamental to the budgets of our municipal partners,” Government Relations Minister Jim Reiter said.  “I am pleased that during a more difficult budget year we have been able to maintain our revenue sharing commitment to municipalities and, in fact, deliver the largest grant ever to them.  This is at a time when our provincial own-source revenues have been increasing at a much slower rate.”

Municipal revenue sharing is based on the formula of one point of the Provincial Sales Tax (PST).


Urban revenue sharing for all cities, towns, villages and resort villages will total $170.5 million in 2015-16.  Revenue sharing for rural municipalities, which includes organized hamlets, will amount to $75 million, and northern municipalities will receive $19.8 million in revenue sharing in the coming fiscal year.

As a result, Saskatoon will receive just over $47 million and Regina will receive just over $41 million in municipal revenue sharing.

View the revenue sharing totals for individual municipalities at http://www.saskatchewan.ca/government/municipal-administration/funding-finances-and-asset-management/funding/view-municipal-revenue-sharing-figures using our interactive tool.

Overall direct provincial support in the Budget to municipalities totals $346.2 million.  This includes $31.7 million in provincial support to municipal infrastructure through a number of programs including:
  • $23.7 million from the Ministry of Highways and Infrastructure for rural roads through the municipal roads strategy ($16 million) and the urban connector program ($7.7 million); and
  • $7.9 million from the Ministry of Government Relations for support provided under the New Building Canada Fund and the Saskatchewan Infrastructure Growth Initiative.
The Budget also allocates $49.2 million in funding to municipalities from ministries including grants for libraries, policing, urban parks and other programs.

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For more information, contact:

Michael Harrison
Government Relations
Regina
Phone: 306-787-6156
Email: michael.harrison@gov.sk.ca

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