Budget 2023/24

The release of the 2023-24 Budget is fast approaching. The proposed Budget will be officially released in November.

The 2023/24 Budget is Regina’s first multi-year budget. The multi-year budgeting approach supports longer-term budget planning to strengthen City programs and advance strategic priorities, which include economic prosperity, community safety & well-being, environmental sustainability, operational excellence, and creating a vibrant community.

On September 21, 2022, a preliminary 2023-24 Budget Development Update was presented to Executive Committee. It included the following components:

  1. An explanation of the cost to maintain current City services (status quo).
  2. An overview of how new potential investments support the City’s strategic priorities
  3. An explanation of 2023-24 Budget risks

Quick summary:

  • The City of Regina provides more than 60 types of services; property taxes fund more than 50 per cent of these
  • To maintain current City services (status quo budget) the City estimates it will require $4.9 million in 2023 (a 1.73 mill rate increase) and an additional $5.4 million in 2024 (1.88 mill rate increase.)
  • New potential investments to support the City’s five strategic priorities (totaling $5.5 million over the next two years) such as:
    • Sidewalk rehabilitation
    • Community Safety & Well-being Service System
    • Winter City Strategy
    • Accessible Taxi Service Improvements
    • Community Building Retrofit Grant Program
    • Adapted Recreation Plan
  • The City recommends that any new capital investments related to the strategic priorities ($30 million over 2023 and 2024) be paid for through a combination of grants, reserve funding, deferring projects to a later year, and mill rate increases.
  • To maintain status quo with Regina’s Utility Budget, fund upgrades at the Buffalo Pound Water Treatment Plant, and implement the water utility rebate program for low-income seniors and people with disabilities, a 4.5 per cent increase is required for 2023, followed by a 4 per cent increase in 2024.

Engagement Opportunities

In the spring, we invited residents to help build a budget that strengthens our community now and in the future through our Shape the City’s 2023-24 Budget Survey. Approximately 1,600 residents participated in the survey.

Now that the preliminary Budget Development Update has been presented, this is your chance to provide feedback.

You can also ask a question below and have it answered by our Budget Team.

The release of the 2023-24 Budget is fast approaching. The proposed Budget will be officially released in November.

The 2023/24 Budget is Regina’s first multi-year budget. The multi-year budgeting approach supports longer-term budget planning to strengthen City programs and advance strategic priorities, which include economic prosperity, community safety & well-being, environmental sustainability, operational excellence, and creating a vibrant community.

On September 21, 2022, a preliminary 2023-24 Budget Development Update was presented to Executive Committee. It included the following components:

  1. An explanation of the cost to maintain current City services (status quo).
  2. An overview of how new potential investments support the City’s strategic priorities
  3. An explanation of 2023-24 Budget risks

Quick summary:

  • The City of Regina provides more than 60 types of services; property taxes fund more than 50 per cent of these
  • To maintain current City services (status quo budget) the City estimates it will require $4.9 million in 2023 (a 1.73 mill rate increase) and an additional $5.4 million in 2024 (1.88 mill rate increase.)
  • New potential investments to support the City’s five strategic priorities (totaling $5.5 million over the next two years) such as:
    • Sidewalk rehabilitation
    • Community Safety & Well-being Service System
    • Winter City Strategy
    • Accessible Taxi Service Improvements
    • Community Building Retrofit Grant Program
    • Adapted Recreation Plan
  • The City recommends that any new capital investments related to the strategic priorities ($30 million over 2023 and 2024) be paid for through a combination of grants, reserve funding, deferring projects to a later year, and mill rate increases.
  • To maintain status quo with Regina’s Utility Budget, fund upgrades at the Buffalo Pound Water Treatment Plant, and implement the water utility rebate program for low-income seniors and people with disabilities, a 4.5 per cent increase is required for 2023, followed by a 4 per cent increase in 2024.

Engagement Opportunities

In the spring, we invited residents to help build a budget that strengthens our community now and in the future through our Shape the City’s 2023-24 Budget Survey. Approximately 1,600 residents participated in the survey.

Now that the preliminary Budget Development Update has been presented, this is your chance to provide feedback.

You can also ask a question below and have it answered by our Budget Team.

Budget Questions

Curious about the process to develop the City of Regina's Budget, or have specific questions about a City service or program? Submit a question and our Budget team will be happy to respond.

loader image
Didn't receive confirmation?
Seems like you are already registered, please provide the password. Forgot your password? Create a new one now.
Page last updated: 04 Nov 2022, 11:55 PM