According to the province, the average annual provincial funding for the program over the past five years is more than $261 million.
The province says nearly $4 billion in provincial funding will have been allocated to support municipalities across Saskatchewan through the municipal revenue sharing program since 2007-08, when the Saskatchewan Party first took office.is based on three-quarters of one point of provincial sales tax revenue collected from two years prior.
The province also announced that the targeted sector support initiative will again receive a $1.5 million investment from the total municipal revenue sharing program. The initiative is managed by the provincial government and municipal partners, “investing in projects that advance shared priority areas such as good governance, regional planning, and inter-community collaboration,” the province said.
The news seems to be flying at us faster all the time. From COVID-19 updates to politics and crime and everything in between, it can be hard to keep up. With that in mind, the Saskatoon StarPhoenix has created annewsletter that can be delivered daily to your inbox to help make sure you are up to date with the most vital news of the day.
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