September 12, 2012 15:13
The Municipal Operations Benchmark Project report identifies, in detail, the factors contributing to different property tax rates between Saskatoon and the cities of Regina, Winnipeg, Edmonton, and Calgary. The research in this report shows that the City's financial resources are well managed and that Saskatoon is a good place for businesses to set up operations and make investments.
While the report identifies strengths with all the participating cities, in particular it shows that the City of Saskatoon:
- relied the least on taxation to fund its 2011 operating budget
- budgeted for breakeven operations
- budgeted for the second lowest property tax revenue per capita
- had the second lowest average assessed property value
- had the highest budgeted contributions to reserves
- had the second lowest budgeted withdrawals from reserves
- had the lowest utility-supported debt levels per capita, and
- the lowest total debt levels per capita
Please click on the pdf below to download and read the entire report.
Municipal Benchmark Project 2011.pdf (2.49 mb)