Tax Rate Bylaw No. 05/2026

Meadow Lake, Saskatchewan

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CITY OF MEADOW LAKE BYLAW NO. 05/2026 TAX RATE BYLAW BYLAWOF THE ClTY OF MEADOW LAKETO FIXAND LEW TAXES AND FOR THE USE OF TAX TOOLS The Council of the City of Meadow Lake, in the Province of Saskatchewan hereby enacts Bylaw No. 05/2026 as follows: 1. This bylaw may be referred to as the "Tax Rate Bylaw" 2 "MillRate" is defined as a tax rate expressed as mills per dollar (ex. One millis equal to 1/1,000 ofa dollar or $1 in tax for every $1,000 of taxable assessment). 3 The purpose of this bylaw is: a) To authorize the City of Meadow Lake to impose a property tax on all taxable assessments in the City using a millrate. and use of certain tax tools including setting a millrate factor and establishing a base tax, forthe purpose of raising the amount of taxes required to meet the estimated expenditures and transfers, having regard to estimated revenues from other sources, as set out in the current year budget. b) To authorize the City of Meadow Lake to levy and collect property taxes on behalf of the Board of Education of the Northwest School Division No. 203 for the current year. Assessment Management Agency (SAMA), the following municipal rates of taxation willbe levied for the year 2026: Class MillRate MillRate Factor Agricultural 8.260 1.0000 Residential 8.260 03143 ReSIdentIal - 8.260 0.8148 Condominium Residential - Multi-Unit 8.260 1_1885 5 In accordance with The Cities Act, a municipal Base Tax shall be levied and applied to the following classes of properties within the City: Land Class (per legal parcel) Improvements Both Agricultural* $598.00* $598.00* $1,196.00* Residential (All) $598.00 $598.00 $1,196.00 Commercial/Industrial(All) $598.00 $598.00 $1,196.00 *No base tax on land willbe charged to non--improvedproperties that are used solely for agricultural farming purposes 6 The education property taxes for the Board of Education of the Northwest School Division No. 203 shall be levied as per the MillRates set by the Province of Saskatchewan. 7 Bylaw 01/2025 is hereby repealed 8 This bylaw shall come into force and have effect from the 1st day of January 2026 CITY CLERK Certi?edTrue of Bylaw # Adopted by of Councilon the dayof Commercial/Industrial 8.260 15342 Read a time this _day of ,2026.