The Regina and District Chamber of Commerce says a planned 4.18 percent increase in property taxes is too high and needs to be reduced.
CEO John Hopkins says there is still a tremendous amount of economic uncertainty out there despite signs the economy is improving, and that further efficiencies are needed to reduce that 4.18 percent to around two percent.
- Regina’s proposed budget for 2017 includes record amount for snow removal and modest increases to property taxes
Hopkins suggests one idea the city should consider is taking 50 percent of its surplus and use it to help reduce the rate of increase.
Hopkins says he will be approaching Council with his concerns and urging them to crunch the numbers a little more for the benefit of many.