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Sask Municipalities See Decrease in 2022-2023 Revenue Sharing Program

The Saskatchewan government will invest $262 million in the Municipal Revenue Sharing (MRS) Program in the fiscal year 2022-2023. This is a decrease of $13,730,250 in funding allocated to municipalities during the fiscal year 2021-2022. The annual provincial funding formula is based on three-quarters of one point of the previous two years' provincial sales tax revenue. While the government boasts a 106 percent increase in revenue sharing since 2007-2008, that was 15 years ago. A review of the amounts posted online from 2015-2016 to 2021-2022 paid to municipalities reveals a 3.7 percent decrease over the previous 7 years. The MRS Program will invest $1.5 million in the Targeted Sector Support Initiative. Funds for a Regional Relationship Building Initiative were recently awarded to the Town of Gull Lake, which recently applied for funding under this initiative. The goal of the initiative is to bring together the Town and the surrounding RMs to collaborate on regional projects. The Lyceum Theatre recently hosted the How Generate Investment meeting, which was made possible in part by funds received from the program. Visit the Saskatchewan Government's News and Media site for further information. Blake Campbell Gull Lake Events



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