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8.5% property tax increase could be coming in 2025 Regina budget

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Regina’s 2025 Budget Proposal: Understanding the Impact on Residents

Introduction

The City of Regina has recently unveiled its proposed 2025 budget, which includes significant increases in utility rates and mill rates. These changes are expected to affect residents financially, with the median household potentially facing an additional $320 per year. City Manager Niki Anderson emphasized that these increases are unavoidable, stating that the city has long been playing catch-up in meeting the growing demands of the community.

Utility and Mill Rate Increases

The proposed budget includes a utility rate increase of 5.82% and a mill rate increase of 8.5%, the highest in recent history. Of the mill rate increase, 1.9% is allocated to city administration. According to Niki Anderson, these increases are necessary to address the city’s aging infrastructure and expanding community needs, which have been neglected in previous years.

Infrastructure Investments

A significant portion of the budget is dedicated to improving Regina’s infrastructure. Approximately $96 million is earmarked for the city’s roadway network, and $59 million is proposed for the transit system. These investments aim to enhance safety and accessibility for residents. For instance, the revitalization of 11th Avenue, increased park lighting, and the replacement of the transit fleet are key projects that have been postponed for too long.

Utility Rate and Water Infrastructure

The utility rate increase will primarily fund the replacement of Regina’s aging water infrastructure. Daren Anderson, the city’s Chief Financial Officer, highlighted the importance of ensuring the long-term viability of the city’s underground infrastructure, which is becoming increasingly outdated.

Budget Deliberations and Long-Term Planning

City council will begin deliberating the proposed budget on March 17th. While the current council will vote on the budget, Niki Anderson noted that many of the budget items reflect decisions made by the previous council. The budget includes a $27 million investment for a new indoor aquatics facility, set to open in 2028, which will replace the aging Lawson Aquatic Centre.

Conclusion

In summary, the City of Regina’s 2025 budget reflects the city’s efforts to address long-standing infrastructure needs and improve services for residents. While the proposed rate increases may pose an additional financial burden on households, they are intended to ensure the city’s infrastructure remains safe and functional for years to come.

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