Strong financial management and solid budget performance has moved the City of Regina’s long-standing AA+ credit rating to a positive outlook.
The 2018 summer construction season officially launched with the announcement of an investment of $85.3 million for transportation, water, wastewater and drainage projects.
The City of Regina continues to see growth in residential categories in the latest building permit tally.
The City of Regina has won a national public relations award for its media relations campaign The Buzz on Bugs.
His Honour the Honourable Tom Molloy, Lieutenant Governor of Saskatchewan, presented members of Regina Fire & Protective Services with the Fire Services Exemplary Service Medal.
The value of construction on commercial and institutional projects is up from this time last year. Twenty-five commercial and institutional permits were issued in March, including permits for alteration work, with a combined construction value of $21 million.
Building permits issued for residential and commercial alterations saw a 104% increase in the value of construction over this time last year with 119 permits issued for residential, commercial and industrial alterations. Overall, the total number of building permits issued this month was 159, a slight decrease from the 172 building permits issued at this time last year.
Regina City Council has approved the General Fund 2018 Operating Budget and the 2018-2022 Capital Program with a 3.34 per cent mill rate increase plus the continuing 1 per cent mill rate dedicated to renew residential roads.
Residential building permits issued in the first month of 2018 show continued growth, with a marked rise in the multi-attached dwelling category driving a 67% increase in the total value of residential permits issued in January compared to 2017.
The City of Regina released its proposed 2018 General Fund Budget today. The proposed budget advances our community vision by maintaining services and service levels, with select increases to capital, police and fire. It can be viewed in detail at Regina.ca/budget.