The Saskatchewan Government has announced that municipal revenue sharing is estimated to be more than 271 million dollars in 2016-17. That represents an increase of 113 percent from 2007-08. Government Relations Minister Jim Reiter says despite the impact of falling oil prices on the province’s economy they have maintained their commitment to provide one percentage point of total provincial sales tax revenues in unconditional grants.
They report revenue sharing for Creighton has increased from just over 452 thousand dollars in 2007-08 to just over 1.2 million in 2015-16 an increase of 176 percent. For Denare Beach revenue sharing has increased from almost 366 thousand dollars in 2007-08 to just over 858 thousand in 2015-16 an increase of 135 percent.