The provincial government announced what the municipal revenue sharing would be for 2026-27, a week ahead of the provincial budget being unveiled. (Image Credit: Lisa Schick/ CJME file photo)

By Lisa Schick, CJME News Staff

financial glimpse

Sask. budget tease: Municipal revenue sharing up eight per cent for 2026-27

Mar 11, 2026 | 8:47 AM

As has become almost a tradition for the Sask. Party Government, it unveiled the Municipal Revenue Sharing total for the coming fiscal year a week ahead of the provincial budget, during the annual SARM convention.

On Tuesday, the province said the total for the program will reach $392.4 million in 2026-27, $30.7 million and eight per cent higher than the year before.

“When developing the 2026-27 Provincial Budget, our government remained steadfast in delivering on our commitment to Saskatchewan communities and municipal revenue sharing,” said Government Relations Minister, Eric Schmalz, in a news release.

The revenue sharing amount was $361.8 million in total for 2025-26, $340.2 million in 2024-25, and $297 million in 2023-24.

Government ministers have touted the revenue-sharing program in the past, saying it provides predictable and unconditional funding for municipalities in the province. The calculation is based on three-quarters of one point of provincial sales tax revenue from two years before.

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Saskatchewan’s two largest cities have recently talked about their money woes and a need for more diverse revenue sources. Regina Mayor Chad Bachynski said he’s grateful for the province’s revenue-sharing agreement, but said more diversification will help cities grow.

The exact amounts each municipality will get from the revenue sharing program will be included in the budget, set to be unveiled next week on Wednesday, March 18.