2019 General Budget Highlights
Regina City Council approved the General Fund 2019 Operating Budget and 2019-2023 Capital Plan with a 3.33% mill rate increase plus the dedicated 1% Residential Roads Improvement Program mill rate levy.
In the review process, the City was able to find an additional $1.2 million in reduced expenses which was reallocated to:
- A $200,000 increase to the social development category of the Community Investments Grant Program
- Clear an additional 26.9 km of multi-use park pathways at an additional operating cost of $49,000 (with capital costs of $136,000 for the one-time purchase of needed equipment funded through the Fleet Reserve)
- Reinstate the Condo Waste Rebate program at a cost of $300,000 in 2019
- Provide a two-year partial property tax exemption to owner and operated licenced non-profit daycare centres at an estimated cost of $41,600 in 2019 and 2020 while the City considers longer term policy for this sector
- Reduce the proposed 4.7 per cent mill rate increase with the remaining $600,000
The proposed mill rate was reduced by an additional 0.125% by redirecting $300,000 of the $1-million projected surplus in the 2018 General Fund Budget. The overall mill rate increase for 2019 is 4.33%.
Investing in Your Priorities
The 2019 Budget maps out a plan for 2019 that reflects the spending priorities of our residents. This includes:
- $127 million toward capital infrastructure renewal to build and renew roads, bridges and buildings
- $49 million for roads to maintain a safe, reliable traffic network
- $83 million for Regina Police Services and $49 million Fire & Protective Services to keep our community safe
- $42 million in Community Services to support quality of life and well-being for residents through sport, culture and recreation
Wise use of tax dollars
Long-term planning and efficient use of resources is fundamental to achieving the necessary outcomes for growth and the delivery of services to Regina residents. The 2019 Budget provides value for tax dollars. We continue to identify savings that offset total expenses. Over the past two years, more than $9 million in savings was identified and, this year, we achieved $2 million more. This is part of our work to continuously improve service delivery.
You told us that infrastructure renewal is a top spending priority. The 2019 Budget invests $127 million in infrastructure to renew and maintain roads, bridges and facilities. This includes a $12 million investment in the Residential Roads Improvement Program through a dedicated 1% mill rate increase, a $17 million investment to renew and maintain Regina’s major streets, with an additional $1.5 million to enhance Victoria Avenue between Albert and Broad Streets, and $4.4 million in bridge renewal.
Regina Police Service and Regina Fire & Protective Services provide the essential services that keep our communities safe. The 2019 Budget increases funding by $4 million from 2018.
Affordability for Residents
The 4.33% mill rate increase includes the 1% mill rate dedicated to the Residential Roads Improvement Program that was previously approved by Council. For homeowners with an assessed property value of $350,000 (Regina’s current average home value), the increase equates to an additional $7.14 per month paid through property taxes.
|Cost impact of Mill Rate Increase||Impact per $100,000 of Assessed Value||Average Assessment Value $350,000|
|Monthly Cost of a 3.33% mill rate increase||1.57||5.49|
|Monthly Cost of a 1% for Residential Roads Program (Local Streets)||0.47||1.65|
|Total Monthly increase||2.04||7.14|
|Total Annual Property Tax Increase (municipal portion)||$24.48||$85.68|
Frequently Asked Questions
How much more will I pay in property taxes on my home?
The 4.33% mill rate increase is comparable to that of other major cities in Western Canada. The increase means the homeowner with an assessed home value of $350,000 will pay just over $7 more a month in municipal property tax.
How does Regina’s mill rate increase compare to that of other major cities in Western Canada?
Regina is one of the most affordable cities in Canada. We continue to balance affordability with meeting community priorities. This can be seen in comparing the 10 year average mill rate increase across similar cities in Western Canada.
Where does the City’s revenue come from?
About half of the City’s revenue comes from the municipal portion of residential and commercial property taxes as the chart shows below.
What are the major Capital Projects this year?
The City continues to lay a foundation for the future with a $127 million capital investment in infrastructure renewal. Investing in roads continues to be a major community priority. Highlights include:
- $17 million for Street Infrastructure Renewal, plus an additional $1.5 million to enhance Victoria Avenue between Albert and Broad Streets
- $12 million for the Residential Roads Renewal Program from the 1% dedicated mill rate
- $4.4 million for Bridge Infrastructure Renewal
- $7 million for the multi-year investment in the Regina Police Service Headquarter Complex