Phase-In Bylaw No. 13/2025

Yorkton, Saskatchewan · adopted 2025-05-12

This is the exact embedded text of the captured official document. Snapshot 74f282038437 · verified 2026-08-23 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

CITY OF YORKTON BYLAW NO. 13/2025 A BYLAW OF THE CITY OF YORKTON IN THE PROVINCE OF SASKATCHEWAN TO PROVIDE FOR A PHASE-IN OF THE MUNICIPAL TAX LEVY FOR CERTAIN PROPERTIES WITHIN THE CITY OF YORKTON, BASED ON THE 2025 REVALUATION YEAR Disclaimer: This information has been provided solely for research convenience. Official bylaws are available at the Office of the City Clerk and must be consulted for purposes of interpretation and application of the law. Bylaw No. 13/2025 - Phase-In Bylaw - Page 1 of 5 City of Yorkton Saskatchewan Bylaw No. 13/2025 A Bylaw of the City of Yorkton in the Province of Saskatchewan to provide for a Phase-In of the Municipal Tax Levy for Certain Commercial Properties within the City of Yorkton, based on the 2025 Revaluation Year WHEREAS, the Council of the City of Yorkton may by bylaw, pursuant to section 260 of The Cities Act and section 14 of The Cities Regulations, provide for a Phase-in of certain Commercial properties; and WHEREAS, 2025 was a Revaluation year in the City of Yorkton, in the Province of Saskatchewan, NOW THEREFORE, the Council of the City of Yorkton in Council assembled enacts as follows: Short Title 1. This bylaw may be cited as "Phase-In Bylaw". Definitions 2. In this Bylaw: "2025 revaluation" means the revaluation of property occurring in 2025 pursuant to section 22 of The Assessment Management Agency Act; "Property Tax Change" means the difference between the amount of property taxes assessed with respect to a property in 2024 and the amount assessed with respect to the same property in 2025. Tax Phase-in Plan 3. The tax phase-in plan set out in this Bylaw will allow a gradual implementation of municipal property tax changes for certain commercial sub-classes, resulting from the 2025 revaluation. 4. This tax phase-in plan does not apply to: (a) property that was not assessed in the year 2024; (b) tax increases resulting from any change in assessed values that are not the result of the 2025 revaluation; or (c) Tax decreases resulting from any change in the assessed value that are not a result of the 2025 revaluation, including decreases resulting from appeals filed against the 2025 revaluation (adjustments will be applied to the account for the changes in assessed value). 5. Adjustments will be applied to the tax roll to account for any changes in assessed value that occur after the application of the phase-in plan. COPY Bylaw No. 13/2025 - Phase-In Bylaw - Page 2 of 5 6. If SAMA determines that portions of any property include more than one distinct use and that the fair value assessment of the property must be apportioned among different classes established under The Cities Regulations, the tax phase-in plan shall only be applied to the Commercial class portion of the assessment of the property, if it meets the criteria outlined in section 8. 7. The method of funding the difference in each year of the plan shall be a reduction of the tax increase that would otherwise result from the revaluation, calculated using the same formula as detailed in section 8 and section 9. Calculation of Phase-in 8. Commercial sub-class: Light Aircraft Hangars, listed in Schedule "A" The tax phase-in plan for this sub-class includes properties under this class that experienced an increase to assessment as result of the 2025 revaluation. The phase-in plan shall be in effect for the period of four years, 2025 to 2028 inclusive. The plan is calculated as follows: (a) For the year 2025 the relevant 2025 municipal and education tax rates will be applied. The difference between the 2024 municipal levy and the 2025 municipal levy will be adjusted by 75%. (b) For the year 2026 the relevant 2026 municipal and education tax rates will be applied. The difference between the 2024 municipal levy and the 2025 municipal levy will be adjusted by 50%. (c) For the year 2027 the relevant 2027 municipal and education tax rates will be applied. The difference between the 2024 municipal levy and the 2025 municipal levy will be adjusted by 25%. (d) For the year 2028 the full impact of the 2025 revaluation increase will be realized. 9. Commercial class and Warehouse and Hall sub-classes, listed in Schedule "B" The tax phase-in plan for the Commercial class and Warehouse and Hall subclasses includes properties that have met the following criteria:  The property has experienced an increase in taxable assessment greater than 30%; and  The municipal tax implications of the increase result in an increase of $5000.00 or greater. The tax phase-in plan shall be in effect for a three-year period, 2025 to 2027 inclusive. It will be calculated as follows: (a) For the year 2025 the relevant 2025 municipal and education tax rates will be applied. The difference between the 2024 municipal levy and the 2025 municipal levy will be adjusted by 66%. (b) For the year 2026 the relevant 2026 municipal and education tax rates will be applied. The difference between the 2024 municipal levy and the 2025 municipal levy will be adjusted by 33%. (c) For the year 2027 the full impact of the 2025 revaluation increase will be realized. COPY Bylaw No. 13/2025 - Phase-In Bylaw - Page 3 of 5 Effective date of Bylaw This bylaw shall come into force on the date of passage. ___________________________ MAYOR ___________________________ CITY CLERK Introduced and read a first time this 12th day of May, A.D. 2025. Read a second time this 12th day of May, A.D. 2025. Read a third time and adopted this 12th day of May, A.D. 2025. COPY Bylaw No. 13/2025 - Phase-In Bylaw - Page 4 of 5 Schedule "A" to Bylaw No. 15/2025 COMMERCIAL AND INDUSTRIAL TAX PHASE-IN BYLAW Sub-class: Light Aircraft Hangar Roll No Civic Address 2025 - 75% 2026 - 50% 2027 - 25% 444905050 AIRPORT 4,478.29 2,985.53 1,492.76 444902003 AIRPORT 1,411.05 940.70 470.35 444905000 AIRPORT 4,205.28 2,803.52 1,401.76 444904001 AIRPORT 473.60 315.73 157.87 444904002 AIRPORT 9,189.21 6,126.14 3,063.07 TOTAL PHASE-IN $19,757.43 $13,171,62 $6,585.81 COPY Bylaw No. 13/2025 - Phase-In Bylaw - Page 5 of 5 Schedule "B" to Bylaw No. 15/2025 COMMERCIAL AND INDUSTRIAL TAX PHASE-IN BYLAW Subclasses: Commercial, Warehouse and Church Halls Roll No Civic Address 2025 - 66% 2026 - 33% 494919700 236 MYRTLE AVE 4,198.07 2,067.71 484916650 15 YORK RD W 4,038.27 1,989.00 484900650 180 BALL RD 11,355.09 5,592.81 515200500 386 BROADWAY ST E 6,365.87 3,135.43 515101900 115 PALLISER WAY 13,077.54 6,441.18 515124000 270 HAMILTON RD 13,471.81 6,635.37 515100900 5 KELSEY BAY 13,088.02 6,446.34 505305000 789 BROADWAY ST E 31,724.57 15,625.53 505200200 415 BROADWAY ST E 15,769.28 7,766.96 484701010 381 YORK RD W 18,534.38 9,128.87 515221400 570 BROADWAY ST E 15,976.24 7,868.89 505200500 441 BROADWAY ST E 15,482.43 7,625.67 495022200 377 FIFTH AVE N 7,373.15 3,631.55 484903950 391 BALL RD 3,989.80 1,965.13 515220900 552 BROADWAY ST E 5,310.13 2,615.44 515218900 470 BROADWAY ST E 14,210.56 6,999.23 515100950 37 PALLISER WAY 5,365.15 2,642.53 484812000 321 YORK RD W 3,704.26 1,824.48 515101200 30 PALLISER WAY 3,932.17 1,936.74 515040500 76 SEVENTH AVE S 8,494.38 483.80 505002900 26 FOURTH AVE N 7,511.99 3,699.94 505104000 71 DRACUP AVE 12,709.47 6,259.89 515043500 134 BROADWAY ST E 5,596.99 2,756.73 505000700 14 SECOND AVE N 5,596.99 2,756.73 515041200 86 SEVENTH AVE S 8,650.25 4,260.57 514927400 50 BROADWAY ST W 5,653.31 2,784.47 505000654 19-105 BROADWAY ST E 4,031.72 1,985.77 505103000 81 DRACUP AVE 27,161.05 13,377.83 504904650 41 BROADWAY ST W 17,094.85 8,419.85 514803500 20 GLADSTONE AVE S 3,957.06 1,949.00 505004150 85 BROADWAY ST E 4,416.81 2,175.45 514700500 516 BROADWAY ST W 7,276.22 3,583.81 515046750 36 BROADWAY ST E 5,735.83 2,825.11 484900050 116 BALL RD 9,613.91 4,878.70 515022800 81 BECK AVE 3,664.63 1,859.66 535101000 187 HERSHEY RD 15,502.21 7,866.79 484907450 50 BALL RD 3,364.74 1,707.48 514907001 72 MELROSE AVE 3,803.80 1,873.52 TOTAL PHASE-IN $366,803.00 $177,443.96 COPY