The Saskatchewan government says Municipal Revenue Sharing (MRS) has been fast tracked for the 2020-2021 fiscal year.
Minister of Government Relations Lori Carr announced on Thursday that funds will be paid in full directly to all compliant Saskatchewan municipalities in June, rather than in installments throughout the year, to support communities through the COVID-19 pandemic.
“The Government of Saskatchewan is committed to ensuring that all municipalities in the province have the resources in place to navigate these challenging times,” stated Carr in a media release.
“This stable, consistent, no strings attached funding for municipalities can be invested in programs and services as the community sees fit.”
The MRS program is based on 0.75 of one point of PST (from two years’ prior), is at an all time record of $278 million.
This follows the government’s announcement of a two-year, $2.0-billion economic stimulus investment for the economy.