Check out this breakdown of municipal taxes broken down by mill class.
Municipalities in Saskatchewan are restricted to the type of taxes they can collect. This means that about half of Regina’s revenue sources, or about $240 million, is secured through municipal property taxes. Of this, residential properties contribute the largest share, at around 64%. Transfers from reserves, government grants and transfers, user fees, levies and fines, along with gas and electrical reserves constitute the remainder of the City’s revenue. And although the annual Municipal Operating Grant (MOG) from the provincial government increased from around $15 million to over $40 million between 2007 and 2016, as a percentage of total revenue the MOG has steadily declined over this period, to about 10% this year. Municipal taxes represent between 2% and 2.5% of median household income in Regina.
|
Mill Class |
Total amount (including grants in lieu) |
Total percentage |
|
Commercial |
$72,026,409 |
35.17% |
|
Condominium |
$17,335,402 |
8.47% |
|
Golf |
$46,339 |
0.02% |
|
Multi residential |
$9,573,807 |
4.68% |
|
Other agriculture |
$153,536 |
0.08% |
|
Railway and pipeline |
$111,031 |
0.05% |
|
Residential |
$104,602,279 |
51.08% |
|
Resource |
$926,722 |
0.45% |
|
Total |
$204,775,525 |
100% |
|
Property class |
Mill Rate |
Mill Rate Factor |
|
Commericial |
9.5920 |
1.32901 |
|
Condominium |
9.5920 |
0.87880 |
|
Golf |
9.5920 |
0.86539 |
|
Multi-residential |
9.5920 |
0.87880 |
|
Other agricultural |
9.5920 |
1.32901 |
|
Railway and pipeline |
9.5920 |
1.32901 |
|
Residential |
9.5920 |
0.87880 |
|
Resource |
9.5920 |
1.32901 |
Check out the City of Regina’s website for more information.