WHEREAS the federal and provincial governments receive annually a substantial amount of revenue from gas taxes and there is some indication that the federal government is considering sharing this tax with cities; AND WHEREAS many small to medium-sized local governments may not qualify to receive benefit from this tax sharing agreement if the formula is based on the amount of gas sold rather than on a formula recognizing the road infrastructure within the local government jurisdiction: THEREFORE BE IT RESOLVED that the Union of BC Municipalities petition the federal and provincial government to implement gas tax sharing in the 2005-2006 fiscal years and develop a formula for sharing such tax with all local governments that reflects the cost of maintaining road infrastructure within the local government jurisdiction without jeopardizing any existing and future infrastructure funding.
