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Re-Establish Property Tax Fairness in Moose Jaw, SK

Huge property tax increases have been crushing small businesses because of the Saskatchewan Assessment Management Agency’s (SAMA) assessment decisions.

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Property Comparisons

East side vacant - 43 High St. W.

Chow Mcleod - 48 High St. W.

Total Market Rent

$16,824

$62,106

SAMA's Assessed Value

$600,200

Using New Cap Rate of 3.09%

$571,000

Using New Cap Rate of 9.30%

2021 Property Tax

$11,058

Using New Cap Rate of 3.09%

Increased $3,701 from 2020

$10,354

Using New Cap Rate of 9.30%

Decreased $7,000 from 2020

2020 Property Tax

$7,357

Using Previous Standard Cap Rate of 6.61%

$17,354

Using Previous Standard Cap Rate of 6.61%

Charlotte's Catering - 378 Home St. W.

Fifth Avenue Collection - 30 Stadacona St. W.

Total Market Rent

$14,710

$44,418

SAMA's Assessed Value

$436,214

Using New Cap Rate of 3.09%

$424,000

Using New Cap Rate of 9.30%

2021 Property Tax

$7,843

Using New Cap Rate of 3.09%

Increased $3,368 from 2020

$7,921

Using New Cap Rate of 9.30%

Decreased $5,406 from 2020

2020 Property Tax

$4,475

Using Previous Standard Cap Rate of 6.61%

$13,327

Using Previous Standard Cap Rate of 6.61%

111 Main St. N.

Sun Life Financial - 125 Ominica St. W.

Total Market Rent

$13,378

97% of market rent to pay property tax

$34,652

17% of market rent to pay property tax

SAMA's Assessed Value

$690,700

Using New Cap Rate of 3.09%

$318,600

Using New Cap Rate of 9.30%

2021 Property Tax

$12,948

Using New Cap Rate of 3.09%

Increased $6,526 from 2020

$5,806

Using New Cap Rate of 9.30%

Decreased $5,807 from 2020

2020 Property Tax

$6,422

Using Previous Standard Cap Rate of 6.61%

$11,613

Using Previous Standard Cap Rate of 6.61%