By Ryan Young
Feb 8, 2021 6:38 PM
On Monday Premier Scott Moe announced the second highest amount ever, targeted towards the Municipal Revenue Sharing Program.
Moe announced Saskatchewan municipalities will benefit from more than $275 million in 2021-22. The Premier says this provincial funding for municipalities will provide local leaders the flexibility and adaptability to invest in their community’s current key priorities.
The province reports the annual provincial funding amount for the program is based on three quarters of one point of the provincial sales tax revenue collected from two years prior.
$1.6 million of the Municipal Revenue Sharing Program will be invested in the Targeted Sector Support Initiative. This will support municipal projects aimed at good governance, regional planning and inter-community collaboration.
Sask. gov’t announces $275m to support municipalities, $3m for urban highways By Moises Canales
Feb 8, 2021 11:55 AM
On Monday, the provincial government announced more than $275 million in 2021-2022 as part of the Municipal Revenue Sharing Program. This is the second-highest overall amount ever.
“This unconditional provincial funding for municipalities provides local leaders the flexibility and adaptability to invest in their community’s current key priorities,” said Moe said in a government release. “This stable and predictable source of revenue is more important than ever for communities as they meet the challenges of COVID-19.”
Funding from the program is based on three quarters of one point of the provincial sales tax revenue collected from two years prior. Overall funding under the program for 2021-22 represents an approximately 117 per cent increase from the 2007-08 provincial fiscal year.
Premier Scott Moe (Lisa Schick/980 CJME file photo)
Saskatchewan’s municipalities cashed in Monday.
Premier Scott Moe told delegates to the Municipalities of Saskatchewan meeting the provincial government is sharing $275 million in 2021-22 under the Municipal Revenue Sharing Program the second-highest such total ever.
“This unconditional provincial funding for municipalities provides local leaders the flexibility and adaptability to invest in their community’s current key priorities,” Moe said in a media release.
“This stable and predictable source of revenue is more important than ever for communities as they meet the challenges of COVID-19.”
Moe also announced the government was putting an additional $3 million into the Urban Highway Connector Program (UHCP). Funding in the program, which is designed to improve conditions on highways in Saskatchewan’s smaller cities, rose to $10 million over two years.
The TSS Initiative provides cost-shared grants, up to 75 per cent on eligible costs, to municipalities partnering to strengthen their core municipal responsibilities through projects focused on regional co-operation, capacity building and good governance. “Municipal Revenue Sharing is an important stream of funding for municipalities,” Saskatchewan Association of Rural Municipalities (SARM) President Ray Orb said. “We are pleased to see a second round of applications for the Targeted Sector Support Initiative as SARM believes in the power of partnerships and funding projects that support inter-municipal co-operation will advance the sustainability of communities across the province.” The TSS Initiative receives $1.5 million each year from Municipal Revenue Sharing. Funding is administered by the Saskatchewan Urban Municipalities Association (SUMA) on behalf of the TSS Steering Committee, which consists of representatives from SUMA, SARM, the Saskatchewan Association of N