What is a Tax Assessment?

The Saskatchewan Assessment Management Agency (SAMA) is an agency that operates independently from government. It manages the province's property assessment system.

SAMA is responsible for providing municipalities in Saskatchewan with the assessed values of land improvements (buildings) in order for the municipality to calculate property taxes.

Assessment is the process of valuing all properties in an area using mass appraisal techniques. Property assessment is not the same as property tax. Local governments use property assessments to calculate property taxes.

Property assessments link the value of a property to market conditions. Since property values change over time, all assessments are calculated according to a 'base date' to ensure fairness. This base date must move forward to reflect changes in the market.

Provincial legislation requires that all property values throughout Saskatchewan be revalued every four years. This is because property values change over time due to changing market conditions. This ensures that property values are relatively up to date.

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