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2017 Preliminary Values – Detailed Trends
2017 Revaluation Milestones
Sales Trends for Residential and Arable Agricultural Land
2017 Preliminary Assessed Value Trends
Reports to Municipalities
2017 Revaluation – SAMA Milestones
Preliminary Values to Government Relations – April 8, 2016
Preliminary Values to Municipalities – June 30, 2016
Provincial Tax Classes and Percentages of Value – September/October 2016
Final Values to Municipalities – Starting in January 2017
SAMA View Update – January, 2017 (including updated ratepayer property profiles)
Property Assessment
SAMA
Tax Classes, Percentage of Value & Exemptions
GR
Property Taxes
Payable
Local Mill Rates & Tax Tools
Municipality
Assessments - Foundational Component of the Property Tax System
Uniform Education Mill Rates
GR
Assessment Changes Tax Changes
Local Gov’t Budget Needs
$2,500,000
Taxable Assessment
$250,000,000
Required Mill Rate
10 (0.010)
Before Revaluation
Assessment Changes Tax Changes
Local Gov’t Budget Needs
$2,500,000
Taxable Assessment
$250,000,000
Required Mill Rate
10 (0.010)
Local Gov’t Budget Needs
$2,500,000
Taxable Assessment
$500,000,000
Required Mill Rate 5 (0.005)
Before Revaluation
After Revaluation
R² = 0.9094
0.80
0.90
1.00
1.10
1.20
1.30
1.40
1.50
-70 -60 -50 -40 -30 -20 -10 0 10 20
Residential Median SAR Trend Residential Median Trend
Poly. (Residential Median Trend)
January 1, 2011 Base Date
January 1, 2015 Base Date
Residential Sales Trends (to March 2016)
Residential Sales Trends (to March 2016)
R² = 0.9094
0.80
0.90
1.00
1.10
1.20
1.30
1.40
1.50
-70 -60 -50 -40 -30 -20 -10 0 10 20
Residential Median SAR Trend Residential Median Trend
Poly. (Residential Median Trend)
January 1, 2011 Base Date
January 1, 2015 Base Date
Arable Ag Land Sales Trends (to March 2016)
R² = 0.9423
0.00
0.50
1.00
1.50
2.00
2.50
3.00
-70 -60 -50 -40 -30 -20 -10 0 10 20
Arable Ag Land Mean SAR Trend Agland Arable Mean Trend
Poly. (Agland Arable Mean Trend)
January 1, 2011 Base Date
January 1, 2015 Base Date
R² = 0.9423
0.00
0.50
1.00
1.50
2.00
2.50
3.00
-70 -60 -50 -40 -30 -20 -10 0 10 20
Arable Ag Land Mean SAR Trend Agland Arable Mean Trend
Poly. (Agland Arable Mean Trend)
January 1, 2011 Base Date
January 1, 2015 Base Date
Arable Ag Land Sales Trends (to March 2016)
• Preliminary Assessed value changes from January 1, 2011 to January 1, 2015 base dates
• Local 2017 assessment shift available to council by June 30, 2016
Three levels of trends to consider:
Anticipated 2017 Assessment Shifts
• Preliminary Assessed value changes from January 1, 2011 to January 1, 2015 base dates
• Local 2017 assessment shift available to council by June 30, 2016
Three levels of trends to consider:
Anticipated 2017 Assessment Shifts
1. Provincial
• Preliminary Assessed value changes from January 1, 2011 to January 1, 2015 base dates
• Local 2017 assessment shift available to council by June 30, 2016
Three levels of trends to consider:
Anticipated 2017 Assessment Shifts
1. Provincial
2. Local
• Preliminary Assessed value changes from January 1, 2011 to January 1, 2015 base dates
• Local 2017 assessment shift available to council by June 30, 2016
Three levels of trends to consider:
Anticipated 2017 Assessment Shifts
1. Provincial
2. Local
3. Property
2017 Assessment Trends Preliminary Trends based on 100% assessed values
reported to Government Relations April 8, 2016
Regulated Properties Pipeline & Railway Heavy Industrial and Mines Oil and Gas RPE Agricultural Land
Non-Regulated Properties Residential Commercial
Assessed Value 2017 / 2016 Multiple
Assessed Value 2017 / 2016 Multiple
Assessed Value 2017 / 2016 Multiple
SAMA Residential - 2017 / 2016 Multiple
SAMA Residential Shifts by Urban Municipality (Median = 1.18)
Legend: % Change
Residential Multiple Decrease (-20 to -40%)
Legend: % Change
Residential Multiple Increase (+20 to +40%)
Legend: % Change
Residential Multiple Increase (> 40%)
Legend: % Change
SAMA Residential Shifts By Resort Community
Legend: % Change
Residential Assessment Shift Sample Municipality (Median 1.08)
Legend: % Change
Residential Assessment Shift Sample Municipality (Median 1.24)
Legend: % Change
2017 Revaluation Preliminary Values Delivery
Deliver preliminary values to client municipalities after maintenance completed in the May to June time frame.
Message to Council: Please have a good look at the values and provide
feedback to us. We are happy to meet with clients to discuss values
as required.
2017 Assessed Value Trend Report
RM of Sample
Sample 2013 Revaluation Report
2017 Taxable Assessed Value Trend Report
RM of Sample
Sample 2013 Revaluation Report
2017 Detailed Assessed Value Change Report
Town of Sample
Sample 2013 Revaluation Report