• 16 Feb 2021
    City of Martensville Passes 2021 Budget, maintains 2020 Property Tax Revenue

    Balanced 2021 Budget will maintain 2020 property tax revenue, user rates and water rates
     

    Full Press Release

    At their February 16, 2021, Council Meeting, Martensville City Council approved a balanced budget for 2021 that aligns with Council’s priorities and allows services and amenities to be maintained.

    Over the past number of months, the focus of the City’s budget meetings has been on minimizing the impact of COVID-19 restrictions on the budget and on the delivery of services.

    “COVID-19 has impacted everyone in our community, and so we wanted to ensure we were able to our keep our 2020 property tax revenue at $8.25 million and not add an increase,” says Mayor Kent Muench. “We also thought it was important to approve a budget that maintains all facility rental rates, programming fees, and water rates at 2020 levels.”  

    In 2021, the City will invest just over $4 million in capital projects including spending $1,069,000 on roadway maintenance. This is thanks, in part, to the Federal Gas Tax Fund Program. 

    In 2020, the City was fortunate to receive $1.4 million in COVID-19 relief funding through the Municipal Economic Enhancement Program (MEEP) and a Safe Restart Grant of $575,000. This funding will allow the City to invest in facilities, maintain service delivery, and will offset lost revenues from recreation programs and facilities. Most of this funding will carry over in 2021 to help the City continue to respond to pandemic restrictions and decreased revenues.

    The MEEP funding in particular, which is to be used for capital projects only, will allow the City to complete paving at the outdoor rink, build a pump track in Kinsmen Park, complete lights at the 18U diamonds at Mocon Field, and help fund the initial stages of a campground in Kinsmen Park.

    This is also a revaluation year for all properties in the province of Saskatchewan. While the City has budgeted for a 0% increase in property tax revenues, properties may be affected differently depending on potential changes in their property’s assessed values. The City will not be setting mill rates until early Spring when the final values for all property classes are received from SAMA and the province has set the education mill rates.

    See more about the 2021 Budget in the Budget and Finances Section

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    For more information, contact:
    Mayor Kent Muench or
    Leah Bloomquist, Director of Corporate Services
    City of Martensville
    (306) 931-2166

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