Provincial Percentages

A provincial percentage is a factor set by the Province of Saskatchewan to adjust the amount of the assessed value assessment used as the basis for calculating property tax, as shown in the formula below.

Assesed Value Assessment X Provincial Percentage =  Taxable Assessment

Property classes and provincial percentages

Below is a chart listing the property classes and provincial percentages applicable to Regina for 2011.

Sample calculations using the Provincial Percentage:

Single Family Residence/Condominiums  Asssessed Value Assessment X Provincial Percentage (70%) = Taxable Assessment Example: 100,000 X 70% = 70,000

Sample calculation: Commercial  Assessed Value Assessment X Provincial Percentage (100%) = Taxable Assessment Example: 100,000 X 100% = 100,000