Property taxes are billed for the full year in May and are due by July 2, 2024, unless the customer is on TIPPS.
To help you do the calculations, try out our Tax Estimate Calculator.
Property Tax Calculations
The property tax calculation is shown in the following formula:
Taxable Assessment
Taxable Assessment = Assessed Value × Provincial Percentage
Taxing Authorities
Municipal Levy = Taxable Assessment × Municipal Mill Rate × Mill Rate Factor ÷ 1000
Library Levy = Taxable Assessment × Library Mill Rate × Mill Rate Factor ÷ 1000
School Levy = Taxable Assessment × School Mill Rate ÷ 1000
Net Levy
Net Levy = Municipal Levy + Library Levy + School Levy
Your property tax bill can also include the following:
- Laneway charges
- Local improvement levies
- Outstanding account balances
- Business Improvement District Tax
- Costs incurred by the City to do bylaw work related to untidy/unsightly land, noxious weeds,
- Junked vehicles, or fire damage
- Phase-in adjustments (commercial and industrial class properties only)
Provincial Percentages
The provincial percentage is a factor set by the Province of Saskatchewan to adjust the assessment used as the basis for calculating property tax.
Property Classes and Provincial Percentages
Below is a chart listing the property classes and provincial percentages applicable for 2024.
| Provincial Percentage | |
| Residential | 80% |
| Multi-Unit Residential | 80% |
| Commercial/Industrial | 85% |
| Agricultural | 55% |
| Railway/Pipeline | 85% |
| Resource | 85% |
Tax Policies and Mill Rates
After the Province, Regina Separate School Division, Regina Public Library Board and City determine their annual budgets, the City uses the mill rates (also known as tax rates) and council-approved tax policies to calculate your property tax. Tax policies are set by Council and can impact the amount of property taxes paid. For example: during a revaluation, City Council reviews its current tax policies and any other tax policy options available.
The Province sets the tax policy for education property tax, including Province-wide mill rates to calculate the education tax for all properties.
Mill Rate
The tax per dollar of assessed value of property. The rate is expressed in "mills", where one mill is one-tenth of a cent ($0.001). Mill rates are set by each taxing authority to raise the revenue required by their budget.
Mill Rates for 2024:
| Municipal | Library | School | |
| Residential |
10.42004 |
0.91400 |
4.54 |
| Condominium |
10.42004 |
0.91400 |
4.54 |
| Multi-Family |
10.42004 |
0.91400 |
4.54 |
| Agriculture |
10.42004 |
0.91400 |
1.42 |
| Commercial/Industrial |
10.42004 |
0.91400 |
6.86 |
| Golf Courses |
10.42004 |
0.91400 |
6.86 |
| Railway/Pipelines |
10.42004 |
0.91400 |
6.86 |
| Resource |
10.42004 |
0.91400 |
9.88 |
Mill Rate Factor
A mill rate factor is a tax policy tool used to redistribute the amount of total taxes paid by each property class and subclass. Changes to a mill rate factor will not increase or decrease the total amount of taxes collected annually by the Province, Regina Separate School Division, Regina Public Library Board or City.
Mill Rate Factors for 2024:
| Mill Rate Factor | |
| Residential | 0.91034 |
| Residential Condominium | 0.91034 |
| Multi-Family | 0.91034 |
| Agriculture | 1.24950 |
| Commercial/Industrial | 1.24950 |
| Golf Courses | 0.81197 |
| Railway/Pipelines | 1.24950 |
| Resource | 1.24950 |
Tax Phase-In
This is a tax policy tool used to phase in tax changes resulting from revaluation. Phase-in is not applied to changes in the tax rate resulting from the annual budget or changes to the property's assessment because of new construction, renovations or demolitions.
For the 2021 Revaluation, a phase-in adjustment was approved for commercial and industrial class properties. The approved adjustments are:
- 1/3 of the tax change applied for 2021
- 2/3 of the tax change applied for 2022
- 100% of the tax change applied for 2023
Minimum Tax
Under the provincial legislation, Saskatchewan municipalities can adopt a minimum tax as one of their tax policies. This is to establish a minimum amount of tax with respect to any property and can only be applied to municipal taxes.
Municipal Taxes = (Taxable Assessment × Municipal Mill Rate × Mill Rate Factor) ÷ 1000
If the above calculation is lower than the minimum tax, the minimum tax amount would be applied to the property. If the calculation is higher than the minimum tax, the calculated amount would be applied to the property.
Base Tax
Under the provincial legislation, Saskatchewan municipalities can adopt a base tax as one of their tax policies.
A base tax can only be applied to municipal taxes; it does not change the calculation for the school and library portion of the tax bill.
Base Tax + [(Taxable Assessment × Municipal Mill Rate × Mill Rate Factor) ÷ 1000]
Implementing a base tax increases the property tax paid on lower-assessed properties and decreases the property tax paid on higher-assessed properties. A base tax does not increase or decrease the total taxes collected by the City.
Property Tax Exemptions for Community Non-Profit Organizations
Each year, the City considers requests for property tax exemptions from non-profit organizations. The Community Non-Profit Tax Exemption Policy has been approved to help guide these decisions and ensure a fair, consistent, and transparent process. The Community Non-Profit Tax Exemption Policy was established effective January 1, 2019, and has been updated effective January 1, 2023.
The purpose of the Community Non-Profit Tax Exemption Policy is to:
- Set the parameters under which the City or Regina will consider applications for property tax exemptions from non-profit organizations with financial need;
- Provide fair, consistent treatment and consideration for all applicants providing non-profit and charitable services for the benefit of Regina residents;
- Support the services and organizations in financial need that further Council’s priorities, as outlined in The Community Safety & Well-Being (CSWB) Plan, Design Regina: The Official Community Plan Bylaw 2013-48 (OCP), and other plans that support initiatives that have a clear community impact and respond to community needs; and
- Define clear guidelines for granting tax exemptions to organizations for which the burden resulting from the tax exemption is a justifiable expense to the taxpayers of Regina.
Eligibility
To be eligible for a tax exemption, an organization must conform to the following principles and meet all the requirements of the Community Non-Profit Tax Exemption Policy. These requirements include:
- Compliance with municipal policies, bylaws, codes, and legislation;
- Must be a non-profit or charitable organization;
- A purpose or mandate that aligns with Council priorities and objectives;
- Accessibility to the public; and
- Demonstration of financial need/impact.
Application Process
Applicants must submit a completed Application for Community Non-Profit Tax Exemption, along with supporting documents, by the dates noted below to be considered for the following taxation year. You can access the Application Form and Application Guide & Supporting Information via the links.
- June 30, 2023 deadline for a property tax exemption in 2024
- April 15, 2024 deadline for a property tax exemption in 2025
Administration will review applications under the Community Non-Profit Tax Exemption Policy and make recommendations to Council.
Tax exemptions are dependent on the annual budget set by Council. The total amount of exempted municipal tax dollars for 2024 will not exceed $1.329 million.
All recipients of property tax exemptions from the City are required to make public acknowledgment of the tax exemption.
For further information, you can email propertytaxexemptions@regina.ca or call 306-777-7133.
