Sask. Government Presents Balanced Budget

Written by Colin Powers on Wednesday, 19 March 2014

Sask. Government Presents Balanced Budget Government  Saskatchewan Government of Saskatchewan

The Saskatchewan Government presented a balanced budget in the Legislature this afternoon, with a forecast surplus of $71 million.

The government is expecting revenue to decrease by 0.7% this fiscal year to $14.07 billion, and spending has also decreased by 0.2% from last year to an even $14 billion.

Some of the highlights include just over $405 million for highway upgrades, an agriculture budget of $371.6 million, $3.25 billion in funding to the health regions, $1.82 billion in operational funding to school divisions, and $394.6 million in direct provincial support to municipalities.

There was also an announcement of $2.1 million in early-stage funding for the new long-term care facility in Swift Current, and construction of the long-term care facility in Maple Creek will get a portion of $27 million allocated to support the ongoing construction of rural facilities.

There are also no increases to taxes, despite rumours of possible hikes in the education portion of property taxes, and the taxes paid by Credit Unions.

Click here for more details on the budget.

via Local News

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