Whereas the Municipal and Regional District Tax MRDT serves as a vital revenue source for communities in British Columbia, particularly in resort areas, through its application to short-term accommodations; And whereas recognizing the evolving needs of communities, there is a growing demand for flexibility in utilizing MRDT funds to address critical infrastructure projects: Therefore be it resolved that UBCM advocate to the Province for a comprehensive overhaul of the Municipal and Regional District Tax funding framework to expand the allowable usage of funds, including directing a portion towards essential infrastructure projects; And be it further resolved that UBCM collaborate with relevant provincial authorities to review and amend existing legislation, ensuring that Municipal and Regional District Tax funds can be strategically utilized for infrastructure development, thereby enhancing the resilience and sustainability of communities.
