Regina City Council approves 2025 budget with 7.33% mill rate increase
Global News
After four long days of discussions around the horseshoe in Henry Baker Hall, Regina City Council has officially finalized the 2025 Budget.
Debates, discussions and final decisions.
After four long days of deliberations, Regina City Council approved its 2025 budget.
The General Operating and Capital Budget was locked in with minor amendments on Thursday, dropping the proposed mill rate of 8.50 per cent to 7.33 per cent, which equates to $14.65 a month for the average household.
Broken down, Regina Exhibition Association Limited (REAL) will receive $11, 215, 244, which is 1.73 per cent of the mill rate after an amendment was made by Ward 7 Coun. Shobna Radons on Tuesday that would see REAL receive a reduction of $300,000 from their proposed ask of $11,515,224.
Economic Development Regina will receive $2,100,000 which boils down to 1.73 per cent of the mill rate, and the Provincial Capital Fund will be granted $2,719,000 for operations.
The Regina Police Service made their 2025 budget presentation on Monday, seeking $122,461,200 for operations, a reduction of $800,000 from its initial ask made in February.
Police outlined revenues from other sources total $13,544,000, resulting in a net operating budget of $108,917,200, which includes a one-time payment of $623,300 from the Community Policing Initiative Reserve to fund alternative officers in 2025.
Mayor Chad Bachynski also making an amendment that passed 10-0 which would approve funding of $650,000 for design work in 2025 for the second floor of the Regina Police Service headquarters, contingent on the Board of Police commission’s approval to withdraw from the Regina Police Service General Reserve.
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