City of Regina's proposed 2024 budget features 2.2% mill rate hike as inflation bites - News Summed Up

City of Regina's proposed 2024 budget features 2.2% mill rate hike as inflation bites


City of Regina officials unveiled the proposed budget for 2024 on Friday afternoon. (Matt Howard/CBC-Radio Canada - image credit)City of Regina administrators are recommending a property tax hike in its proposed budget for 2024 as the city feels the pinch of inflation. "Income tax goes to the federal and provincial governments and their income goes up every single year because income goes up. We have to grow our tax base … but barring that, when our costs go up, the only avenue we have, really, is through property tax increases." City council will deliberate the proposed budget from Dec. 13 to 15.


Source: CBC News November 18, 2023 00:21 UTC



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