Taxes
Taxes are levied prior to July 1st for the calendar year, and are considered in arrears ( past due ) as of December 31st . Currently Council has an early payment initiative of 5% for Municipal taxes paid prior to August 31st.
Municipal Taxes are charged on 80% of your residential property assessed value.
2022 – The Provincial Government has once again increased the residential and commercial School Board Mill Rates to 4.54 (Residential) 6.86 (Commercial) and 9.88 (Resource)
2021 – The Village of Vibank has a base tax of $1550.00 and Mill Rate is 3.50
The Provincial Government has a residential School Board Mill Rate of 4.46, commercial 6.75 and resource 9.79
Contact the Office at 306-762-2130 for more information on Commercial Mill Rates. For Assessment information refer to 2022’s assessment information at :Assessment information letter Village of Vibank
Assessment Roll is now closed – for 2022 – Only properties that had a change in assessment were issued notices.
A note about Tax Arrears
If your property taxes are not paid in full by the end of the year, they are considered to be in arrears. Municipalities must add a financial penalty to your tax arrears. Penalties added to arrears are considered part of the tax arrears. The penalty can range from 9 per cent to 25 per cent per year. Vibank applies a 15% penalty on January 1st . You will be not be notified, however this penalty amount will be indicated on your upcoming years’ Tax Notice. As a first step in bringing your account up-to-date, taxpayers are encouraged to seek alternate lower cost/longer-term financing through external options such as financial institutions.
Tax Enforcement Process: Council determines when Administration is to begin Tax Enforcement proceedings set out in The Tax Enforcement Act. Village of Vibank contracts an outside party to carry out tax enforcement activities. Vibank recovers the cost of tax enforcement activities by adding these costs to your tax arrears. The process starts with the publication of the Tax Enforcement List in The Forum Newspaper. The list will identify your property and the amount of taxes owed. A copy of this list will be posted in the municipal office. A portion of the cost of advertising the list will be added to your tax arrears. The Village of Vibank does not give advance notification of its intent to publish and is not obligated to provide this service.
Tax Lien: Your municipality will register an interest, commonly called a tax lien, against your property if you do not pay your tax arrears and your share of the cost of advertising by the deadline in the Tax Enforcement List. The deadline is at least 60 days after the Tax Enforcement List is published in the newspaper. This interest registration is known as a tax lien. ISC will send a notice that the tax lien is registered against your property. The cost of registering the tax lien will be paid by your municipality. This cost is added to your tax arrears. A tax registration lien means that the property can be offered for sale by the Village after waiting the mandatory waiting period. The minimum asking price (cancellation price) will be all outstanding taxes including penalties and interest, administrative fees, and any additional amounts which may be added to the tax account. There is no requirement for the Village to obtain fair market value for the property.Taken from: Citizens Guide to Municipal Tax Enforcement. This guide outlines the process municipalities follow to collect property taxes that are in arrears. For further information, contact a municipal advisor: Ministry of Government Relations Advisory Services and Municipal Relations 1010 – 1855 Victoria Avenue REGINA SK S4P 3T2 Phone: (306) 787-2680
WATER AND SEWER
Telephone Number 306-539-4188 FAX 306-787-0780 Email Mailing Address 300 2365 Albert Street, Regina, SK, Canada, S4P 4K1