Golf course may get $170K tax break from City of Regina
Regina's oldest golf club may be in line for a two-year tax break worth more than $170,000, following a meeting at city hall this week.
The city's finance and administration committee recommended Tuesday that the Royal Regina Golf Club be granted a two-year exemption from property taxes.
The move comes despite a recommendation from city administrators that the club get neither a tax holiday nor a reduced tax rate.
Archie Cameron, the club's general manager, told the City Hall committee that the club has experienced spring flooding in recent years, and a tax break would take some financial pressure off.
He also said the Royal Regina shares the same core values — including inclusion, access and wellness in recreation — as the City of Regina and should be taxed the same way as municipal courses.
The club is called semi-private, with a $2,500 initiation fee and annual membership fees that top out at around $2,450.
But Cameron said it also lets the public access to the course, with about 6,000 out of 30,000 rounds of golf being played by non-members.
Cameron had asked for either a five-year tax holiday or a lower tax rate from now on.
Councillor proposes 2-year break
City staff recommended against either idea, but a city councillor on the committee introduced a motion instead for a two-year break.
Coun. Terry Hincks said the exemption will help the Royal Regina get back on its feet.
"This is not a precedent-setting case, because there is only one place like this in Regina," Hincks said. "I've mentioned in the past all the good work that they do."
The committee decision still needs to be ratified by city council. It goes to a vote in July.
The city estimates that a tax exemption would save the golf club just over $83,000 in 2013 and about $95,000 in 2014.
The course, one of six in Canada with the "Royal" designation, has been at its present location west of Lewvan Drive and south of 11th Avenue since 1901.