Regina proposes 8.5% property tax hike for 2025 budget

The City of Regina has proposed a significant budget for 2025, featuring an 8.5% increase in the mill rate—the highest in over a decade—and a 5.82% increase in utility rates, which together could cost the average homeowner an additional $320 annually. City officials, including City Manager Niki Anderson and Chief Financial Officer Daren Anderson, emphasized the need for these increases to maintain essential services and address aging infrastructure, particularly in roadways and water systems. Anderson noted that Regina's historically low mill rates have led to a backlog in necessary investments, and current growth demands are prompting these changes. The proposed budget reflects a commitment to avoid service cuts, though councillors have expressed concerns over the financial burden on residents. City council will review the budget starting March 17, with the administration aiming to keep the mill rate increase as low as possible without compromising service levels. The city's population growth is also a factor, with projections of significant increases in the coming years.