Schedule 11A - Tax Revenue and Territorial District Adjustments

This schedule calculates property tax revenues for the school year. Since school boards report on a school year basis, tax revenue is based on two calendar years’ tax revenue; the conversion to school year is made using a 38% / 62% split. These percentages were determined in 1998 when the province introduced the Student Focused Funding model, and also introduced a transitional short year funding.

• In the Estimates and Revised Estimates, there are two input tabs: Property Tax by Municipality 2025, and Tax Revenue Changes.

• In the Financial Statements, there are two additional tabs: Property Tax by Municipality 2026 and Tax Revenue Adjustment.

TAB: Property Tax by Municip. 2025

Municipalities are automatically populated on this schedule. Where the populated list is incomplete, contact the ministry to request an update of the municipality reference table. The amounts on this tab appear on the Schedule 11A - Schedule of Tax Revenue for the Calendar Year 2025 report.

Information on this tab, along with the Tax Revenue Changes tab, is used in the calculation of tax revenues for 2025-26. The residential and business taxes should reflect the revenue based on the most recent 2025 assessment data and mill rates.

Residential taxes include:

• Residential/farm tax revenue
• Farmlands and managed forests tax revenue

Business taxes include:

• Commercial and industrial tax revenue
• Pipeline, railway, and power utility lands tax revenue

TAB: Tax Revenue Changes

In the Financial Statements, this tab only collects information on election costs. In the Estimates and Revised Estimates, it also requires school boards to input the expected residential and business tax growth or reduction. The amounts on this tab appear on the Schedule 11A - Tax Revenue and Territorial District Adjustments report.

• Items 14.1.1 to 14.1.4 load the 2025 summarized tax data from the totals on Schedule 11A (Tax Revenue for the Calendar Year 2025), columns 3 to 6. The sum is then multiplied by 38% to calculate the total tax revenue relating to 2025 at item 14.1.

• In the Financial Statements cycle only, items 14.2.1 to 14.2.9 load the 2026 summarized tax data from the totals on Schedule 11B (Tax Revenue for the Calendar Year 2026), columns 1 to 4. The sum is then multiplied by 62% to calculate the total tax revenue relating to 2026 at item 14.2.

• In the Estimates and Revised Estimates cycles, items 14.2.2 and 14.2.5 allow school boards to project the average percent assessment growth they expect within their jurisdiction in the 2026 calendar year. For example, if the board is expecting a 1.1% growth in residential assessment, 0.011 should be entered at item 14.2.2. Where there is an assessment decline being projected, a negative number should be entered.

• In the Estimates and Revised Estimates cycles, item 14.2.6 captures the amount of business education tax (BET) reduction estimated for 2026. This is the provincial initiative introduced in 1998 relating to the multi-year phase-in of the BET cuts.

• Items 14.3 to 14.5 (Supplementary Taxes, Tax Write-offs, and Rebates and Deferrals) are loaded from the totals on Schedule 11A (Tax Revenue for the Calendar Year 2025), columns 7 to 9.

• Item 14.6 (Total Tax Revenue) is calculated as the sum of tax revenues relating to 2025 (item 14.1) and 2026 (item 14.2), plus supplementary taxes (item 14.3), less tax write-offs (item 14.4) and rebates and deferrals (item 14.5).

• In the Financial Statements cycle only, item 14.6.1 (Tax Revenue Adjustment - 2025) is loaded from Schedule 11A Calendar Year 2025 Property Tax Revenue Adjustment, item 11A.4.

• Item 14.7 (Election Costs) is an input cell.

• Item 14.8 (Tax Revenue Net of Election Costs) is calculated as item 14.6 less item 14.7.

Relationship to Other Schedules

• Item 14.8 (Tax Revenue Net of Election Costs) is loaded to Section 1B, item 4.1. This value (minus any amounts input on Schedule 9, item 3.2 (Tax Revenue from Unorganized Territories)) is also loaded to Schedule 9, item 3.1.

• In the Financial Statements, item 14.8 (Tax Revenue Net of Election Costs) is loaded to Section 1B, item 4.2 (and Schedule 9, item 3.3).