WHEREAS the current property assessment class 06 businessother is a broad class that captures any property use not defined elsewhere; AND WHEREAS local governments are restricted in managing local taxation policy by the broad nature of the class: THEREFORE BE IT RESOLVED that the provincial government examine the possibility that an additional property assessment class be added to capture the concept of commercial entity size as a property class for the purposes of property taxation.
Ministry of Community, Sport Cultural Development Government is aware of the diversity and range of property types included in Class 6, Business and Other. While government is not considering changes to the assessment classes for properties at this time, if there is such a review in the future, UBCMs proposal for Class 6 will be considered. It would be helpful in analyzing potential impacts and identifying options in any future review if UBCM could provide a more detailed proposal with specific recommendations for the segregation of specific properties or property types. Note that the Ministry of Finance, Tax Policy Branch, would also be consulted regarding any changes to classifications.