“Proposed maximum debt supported by taxes” is a maximum debt level and represents each resident’s average share of the City’s debt. The intent is not to meet the maximum, but to have a maximum in place so the debt remains affordable for taxpayers.
How are we doing?
Average long-term tax-supported debt has been trending upward since 2012 to support the City's growth. In 2015, long-term tax-supported debt was $767 person in Saskatoon.