Rawlco Radio Announcement
Prairie Sky Chamber of Commerce is proud to showcase our member feature this week Cora Breakfast! Cora Breakfast is a breakfast and brunch restaurant located at 3020 Preston Ave S #100. With a great selection of breakfast food and brunch items to chose from such as...
Martensville Business Expo will be taking place again this year on March 24&25th. This year, there will be a job fair taking place on the Friday evening. Business are able to join the job fair and expo if they so chose, or to donate their job fair booth to a non...
Join us on January 18th, over the lunch hour (12-1pm) for a Lunch & Learn work shop on Onboarding & Retaining Staff. This workshop is presented by Homefield People & Strategy who provides a variety of solutions from one on one coaching, business strategy,...
Prairie Sky Chamber of Commerce is proud to showcase our member feature this week, Snap Fitness Warman! Snap Fitness is Warman's newest gym. With a great selection of equipment to chose from, such as squat racks, press, hack squats. They also have a great selection of...
City of Martensville Announces NEW Tax Abatement Program
The City of Martensville is providing further support to local businesses affected by the Province of Saskatchewan’s mandated property revaluation process in 2017 through a new Commercial Business and Property Abatement Program.
The Program builds on the City’s commitment to creating and sustaining a positive environment in which to do business. The City feels it is important to base its taxation policy on accurate and reliable values. Earlier this year, the City reduced both the uniform mill rate as well as the commercial mill rate factor to decrease the burden of increased taxes due to the property revaluation. The total decrease in the commercial mill rate from 2016 to 2017 was 36%. Also, to provide a more equitable property tax structure for the business community, the City also increased the commercial base tax to $915 for 2017.
“As a result of the revaluation, commercial property values for some businesses increased on average, by almost 90%, and therefore property taxes also increased substantially for some properties, even with the mill rate reduction and the new property tax structure the City put in place,” says Dillon Shewchuk, Community and Economic Development Manager for the City of Martensville. “In order to encourage new capital investment, business services and products, we need to have the most competitive business environment possible. Residents will benefit as well as a strong business sector means more goods and services available, and more good local jobs.”
The City notes that businesses that took advantage of the Assessment Appeal process this past year have been largely successful in appealing their values.
To be eligible for the program, businesses must meet the criteria of a ‘Local Commercial Business or Property’ and must not have appealed their 2017 tax assessment.
For 2018, eligible businesses must appeal their 2018 Assessment Value within 30 days of the City mailing the notices. This information will be provided with the property assessment notice, or by contacting City Hall. Assessment appeals and the fees must be submitted within 30 days of receiving the Notice of Assessment.
Businesses that successfully appeal their assessment in 2018 will have the corresponding amount of municipal taxes paid in 2017 retroactively abated in the form of a credit to the property’s taxes. As with all successful appeals, appeal fees will be refunded.
For more information visit program details on the Commercial Business and Property Abatement Program.
For more information, contact:
Community & Economic Development Manager