• Property assessment is not the same as property tax.
• All land and improvements (buildings) are assessable.

Property owners may appeal their assessment if they believe an error has been made in the valuation or classification of the property. Appeals are made to the R.M. of Pense’s Board of Revision. Call the office for more information (306) 345-2303. General information on the appeal process can be obtained from Ministry of Municipal Affairs, Advisory Services Unit (306) 787-2680; website: http://www.municipal.gov.sk.ca/.

Mill Rates:

The following mill rates are in effect for the year 2009:

• - Municipal 4.0
• - Potash Tax Sharing 7.1928
• - Prairie South School Division see below 
• - Prairie Valley School Division see below
• - Stony Beach Street Lights 2.11
• - Keystown Street Lights 1.19
• - Education (Public School Divisions):
•  Agricultural                                                              7.08 mills
•  Residential                                                            10.08 mills
•  Commercial
•     -on first $499,999 taxable assessment             12.25 mills
•     -on next $5,500,000 taxable assessment         15.75 mills
•     -on any taxable assessment over $5,999,999  18.55 mills
• $150 minimum tax for residential improvements is applicable. The mill rates are multiplied by the taxable assessment values to determine the property taxes.

Taxes:

Tax notices are usually mailed out to property owners in July or August each year.

• Taxes are not due until December 31.
• The following discounts are given on current years taxes:
  • 5% if paid by September 30;
  • 4% if paid by October 31;
  • 2% if paid by November 30.