City Releases Proposed 2021 Budget Responsive Recovery & Investment
Today the City of Regina released its proposed 2021 Budget – Responsive Recovery & Investment – which leverages new efficiencies and cost-savings while supporting responsible investments and absorbing the financial impact resulting from COVID-19 in 2021.
“The proposed 2021 Budget significantly reinforces the City’s commitment to operations that are efficient, fiscally responsible and that support a vibrant, inclusive, attractive and sustainable community,” says City Manager Chris Holden. “In addition to identifying another $5 million in efficiencies and savings to offset increasing costs of service, we have made careful decisions to manage operations during the pandemic and established a COVID-19 Recovery Reserve that will address related expenses and revenue losses expected for 2021.”
A zero per cent increase was achieved for the City’s civic operations; however, the proposed 2.34 per cent mill rate increase allows for the continuation of previously approved dedicated mill rates for Mosaic Stadium (0.45 per cent) and the Recreational Infrastructure Program (0.5 per cent), plus added investment in the Regina Police Service (1.39 per cent). For the average assessed home value of $315,000, this will be an increase of $4.13 per month.
The proposed 2021 Budget reflects residents’ priorities related to roads, recreation and community well-being and utilizes $31 million received from the Municipal Economic Enhancement Program (MEEP) in 2020 to advance various capital projects. The proposed budget includes combined capital spending of $40.9 million to improve Regina roads ($6.4 million from MEEP) and $19.7 million toward new and existing aquatic infrastructure ($12 million from MEEP). The Recreation/Culture Capital Program and Recreation Infrastructure Program (dedicated 0.5 per cent mill rate) will invest $3 million and $2.6 million, respectively, to advance Regina’s Recreation and Cultural Master Plans.
Included in the proposed 2021 Utility Fund Budget is the third and final 3 per cent increase to the utility rate, as approved by Council for 2019, 2020 and 2021. For the average household, this means a monthly increase of $4.44 per month. Regina’s Utility system operates on a full cost-recovery basis and ensures residents enjoy safe and reliable water, wastewater and stormwater services.
City Council will consider the proposed General Fund and Utility Budget, and any amendments, beginning Wednesday, March 24 at 1 p.m. Citizens who want to address City Council may attend the meeting via teleconference. To attend, you must provide the Office of the City Clerk with the telephone number you will be using to call in. You can do this by email to email@example.com or call 306-777-7262 no later than 12 p.m. on Monday, March 22, 2021. You will receive meeting details and instructions after you have confirmed your attendance for the meeting.
While Henry Baker Hall is currently closed to the public to help contain the spread of COVID-19, these meetings will be streamed live on Regina.ca/meetings, MyAccess.ca, and when community programming permits, televised on the Access 7 Community Channel.
Visit Regina.ca/budget to view a detailed summary of the proposed 2021 Budget.