Quote:
Originally Posted by calgarywinning
A mill rate doesn't equal a taxation level on property is half as much. It's one part of the whole equation which is three parts.
I'm sure in Regina there isn't anywhere near the number of commercial and residential properties and the values are substantially lower.
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Mill rate is a fair way to compare tax rates... Yes there is more than that but it is a simple and quick comparison, yes houses are cheaper in Regina but also the cost of delivering services would be cheaper (Employee Wages would be lower) in Regina.
If you own a $500,000 in Calgary you would pay 2,389.75 a year
If you own a $500,000 in Regina you would pay 4,557.60 a year