Typical Regina homeowner faces $70 tax hike
14.05.2008 20:01
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- Source: cbc.ca
 For the average home and condominium owner, the total property tax hike will around $70, the City of Regina says.(CBC)The city portion of property taxes will go up by about 3.7 per cent for the average home and condominium owner in Regina, city council decided Monday. In passing the mill rate, city council chose to limit the increase, using an extra $1.3 million the provincial government provided especially for that purpose. Two councillors voted against the move, saying the money should have been used to limit borrowing instead. For the owner of a typical single-family home, the tax increase will amount to approximately $40 a year for the city portion. The increase will be slightly less than $69 when tax increases for libraries and schools are added. Although the city portion of the mill rate is going up by 2.84 per cent, owners of single family homes and condos will be hit harder because of a city program to shift the tax burden away from apartments. The idea is to equalize mill rates for property classes over five years. For the average homeowner, the tax increase will be 3.68 per cent. Post a commentPeople have commented on this storyRecommend this storyPeople have recommended this storyStory Tools: E-MAIL | PRINT | Text Size: SMLXL | REPORT TYPO | SEND YOUR FEEDBACKStory comments (0)Sort:Most recent | First to last | Most recommendedPost your commentNote: The CBC does not necessarily endorse any of the views posted. By submitting your comments, you acknowledge that CBC has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that comments are pre-moderated/reviewed and published according to our submission guidelines. Comment:Characters allowed: 2500PostSubmission policyRelatedInternal LinksVIDEO: Dean Gutheil reports for CBC-TV (Runs 2:18 in RealPlayer)Consumer HeadlinesTake 5 pennies off the gas pump, taxpayers federation urges Ottawa00The Canadian Taxpayers Federation, as part of its annual Gas Tax Honesty Day, will be paying the tax on drivers' fuel at some filling stations across the country Wednesday. Halifax police arrest 3 people in debit machine tampering00Halifax Regional Police arrested three people Monday in connection with a debit machine tampering scam at metro businesses. Ford recalls 50,000 Ford F-150, Lincoln Mark LT trucks in Canada00Ford Motor Co. is recalling about 50,000 Ford F-150 and Lincoln Mark LT pickup trucks in Canada to fix a hose that could affect the vehicles' braking power.Manitoba considers insurer's request for more mandatory immobilizers00Premier Gary Doer is leaning toward approving Manitoba Public Insurance's request to add about 50,000 more vehicles to the list of those that must have immobilizers installed or lose their insurance.Smart micro car earns top crash test scores in insurance testing00The 2008 Smart fortwo micro car has earned top scores in crash tests conducted by the U.S. insurance industry.Consumer Life FeaturesENERGYEthanol FAQThe merits of alternative fuel still hotly debatedTECHNOLOGYFast foodNew techniques for making fast food fasterTRAVELSecurityExpect delays: Countries tighten regulationsBLOGFood BytesNoodles and critters al frescoBLOGComm-OdditiesShipping containers could become condos in DetroitPeople who read this also read …
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