Municipal revenue sharing will be down by 5.1%, or $257.8 million.
Via budget Bill 64, the government also eliminates $36 million in grants in lieu of property taxes, which were paid to cities by Sask Power and Sask Energy.
This translates to an unexpected $36 million budget cut to more than 100 cities and towns for this fiscal year alone, including a $9 million cut to Saskatoon’s municipal budget and a $10.7 million cut to the City of Regina.
Cities and towns including Estevan, Humboldt, Melfort, Melville, Moose Jaw, North Battleford, Prince Albert, and Weyburn will see their annual revenue from the province slashed by between 43% to 49%.
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