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2018 Budget Highlights

Efficient & Effective Use of Tax Dollars

The 2018 Budget provides good value for Regina residents’ property tax dollars. Administration has found more than $9 million in ongoing savings over the last 12 months to be more efficient and effective. Measures included vacancy and overtime management, absorbing the cost impact of an additional 1% on the Provincial Sales Tax that took effect in 2017, and better integration and coordination of services, among others.

 

Investment in Infrastructure

Renewing and maintaining roads, bridges and facilities is a priority for residents. The 2018 Budget increases our capital investment. In total, $132 million will be invested in infrastructure renewal, maintenance and new construction this year.

 

Investment in Public Safety

The 2018 Budget advances our community vision by maintaining services and service levels, with select increases to capital, police and fire services. Funding for Regina Police Service and Fire & Protective Services is increasing by $4.3 million.  

 

Maintaining Affordability

Regina remains one of the most affordable cities in Canada. The Budget includes a mill rate increase of 3.34%, in addition to the pre-approved 1% mill rate dedicated to the Residential Roads Renewal Program. The homeowner with an assessed home value of $350,000 (Regina’s current average assessed value) will pay an additional $6.88/month for the municipal portion of property taxes.

 

Frequently Asked Questions

How much more will I pay in property taxes on my home?

The homeowner with an average assessed value of $350,000 will pay an additional $6.88/month more for the municipal portion of property taxes. Official tax notices will be mailed to all property owners in May, 2018.

The education portion of property tax is set by the Province of Saskatchewan and collected by the City on its behalf.

 

How come the mill rate is increasing by 4.34%?

The breakdown of the mill rate increase is comprised of three components:

Provincial Impact – as a result of provincial decisions in 2017, the City of Regina received considerably less funding than in previous years. This amount (2.99%) represents the Budget increase required by the City of Regina to fully account for the lost provincial revenue (i.e. recognize the annualized impact of the provincial 2017-2018 Budget on the City’s 2018 Budget). Administration recommends a mill rate increase to deal with the issue now, rather than have it affect future budgets and to support City Council’s ability to focus on real change for the community with future budgets.

Council Commitments – this is funding where City Council has made decisions in the past (1.45%) that carry into this Budget and the future. Administration built the 2018 Budget with the assumption that City Council would continue to honour these commitments.

City Requirements – this increase represents the funding required (0.10%), net of the savings found in 2017 and planned for 2018, to support service for the community at the same level as 2017.

 

Where does most of the City’s revenue come from?

About ½ of the City’s revenue comes from the municipal portion of residential and commercial property taxes as the chart below shows.

 

What are the City’s major capital projects this year?

In total, the City plans to invest over $132 million in 2018 through annual budget contributions, City reserves, development fees and federal funding. Major projects include:

  • $18 million for the Street Infrastructure Renewal Program
  • $9.7 million for the Residential Roads Renewal Program which is funded through a dedicated 1% mill rate
  • $4.9 million for Bridge Infrastructure Renewal including realigning Eastgate Drive with a new bridge structure over Pilot Butte Creek
  • $12 million for the new Regina Police Service headquarter complex to begin addressing the City’s number one facility need

Overall, the City plans to invest over $583 million in infrastructure renewal, maintenance and new construction over the five-year Capital Plan (2018-2022).