Municipal Property Tax as a Percentage of Total Revenues
|Percentage of Total Municipal Revenue (%)||42.2||41.0||41.3||41.6||43.6||44.8||45.1|
The indicator monitors the percentage of municipal property taxes paid relative to all revenue collected by the City of Saskatoon:
Total Municipal Property Taxes
Total Municipal Revenues
"Total Municipal Property Taxes" includes the budgeted "property levy." Some examples of revenue sources included in total municipal revenues are water and power utilities, user fees for recreation and transit, permits and licenses, land development, and interest.
How are other cities doing?
Comparing other cities is challenging because of differences in how revenues are calculated. While not directly comparable, measures from these municipalities are helpful as representations of municipal property tax as a percentage of total municipal revenue.
Currently, the City of Saskatoon's percentage is quite favourable. A contributing factor to this favourable indicator is that the City has a higher level of self-generated revenues that enables for less reliance on property taxes to fund its annual budgets. Saskatoon also may not be funding to the same service level as other cities.