Home, property and business owners in Saskatoon could see an 8.23 per cent property tax increase in 2026, along with a 5.95 per cent property tax increase for 2027, according to the latest figures from the city’s chief financial officer.

“This would be equivalent to a $16.20 monthly increase in 2026, and a $12.67 per month increase in 2027 for the median assessed property owner,” Clae Hack said on Thursday.

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This year, the median assessed home and property value in Saskatoon rose to $394,200.

The latest numbers are down slightly from initial projections presented

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