Tuesday, January 06, 2009

Saskatchewan municipal revenue sharing

Municipalities across the country have been calling for one percent of provincial sales taxes to be dedicated to them, including the City of Toronto. In Saskatchewan, this would increase municipal grants from $140 million annually up to about $200 million. Of course, Regina and Saskatoon mayors are excited about this prospect.

The arrangement would help municipalities plan for the future, as they could reasonably predict what revenues they would receive. They could also reduce property taxes, although they could blow the money by overspending. The video above from CBC French features comments in English from the Minister of Municipal Affairs and CTF Sask Director Lee Harding.

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