Local Government Share of PST

WHEREAS the provincial government is committed to working with UBCM to provide adequate and equitable per capita funding to local governments; AND WHEREAS provincial funding sources in 2007 included revenue from personal income taxes, corporate income taxes, mining and logging taxes, alcoholic beverages and tobacco taxes, amusement taxes, gasoline and motive fuel taxes, liquor sales profits, remitted gaming profits, other consumption taxes, capital taxes, miscellaneous property and related taxes, payroll taxes, motor vehicle licence fees, natural resource taxes and licence fees, health and drug insurance premiums, contributions to social security plans, general and specific transfers from other government subsectors, and 4,716,000,000 in sales tax revenues - while local governments were excluded from these revenue opportunities: THEREFORE BE IT RESOLVED that the UBCM Executive be mandated to negotiate with the BC provincial government to distribute to local governments a 17 annual share of the provincial 7 sales tax revenue on a population basis in addition to current provincial grant funding.