ITEM 27
MANAGER'S REPORT NO, 90
| COUCH MEETING Dec. 3/73

following is the report of the Treasurer dated November 30, 1973,
regarding the ahove, the contents of which are gel £-explanatory.
This subject has been discussed and developed with the Municipal

Manager,

THAT the G.V.R.D, be requested to pass a by-law to veguive
member municipalities to levy the District rate on hospital
assessments; and

THAT a copy of this report item be forwarded to all membera

of the G.V.R.D., and they be requested to support Burnaby's
position in this respect.

“kek EEK

30 Novenber 1973
70: MUNICIPAL MANAGER File: G70-1-1

FROM: MUNICIPAL TREASURER
RE: REGIONAL DISTRICT TAX LEVY

Annuelly, the’Greater Vancouver Regional District apportions its dudget
betveen municipalities on the besis of hospital assessments. Hospital
assesements ere school assessments including machinery but excluding

B Hyéro.

The nunicipalities in turn apply the tax levy to their generat purpose

assessments. In some municipalities, 2 purpose

full value assesszents compiled in accordance with the Municipal act.

in others, general purpose assessments are school assessments minus
mschinery, B.C. Hydro and certain other minor factors,

In other words, the distribution of the budget is by one yardstick and
the texing for sane by a different one.

In accordance with enendments to the Municipal Act made at the last
aivting of the Legislature, the municipalities must include in their
rating by-laws provision for a Regional District levy and the Regional
District ney by by-lew provide that the rates be levied on hospital

assessrents cr partly on hospital essesswents and partly on general
purpose assessments.

As the distribution of the Regional District budget is on the basis of

hespit=1 assesszents including mechinery, it is logical that taxes should

be levied for same on tie sane base. Furthermore, this would separate on

the tax bill the requircaents of the Regional District from the requires
ments of the general purpose tax levy.

j TEM 27 ;
MANAGER'S REPORT NO. 96
COUNCIL MEETING bec. 3/73

We ere advised that a full report on this subject will be placed tefore
the Regional District ut their first meeting in 197k. There is merit in
the District being advised of Council's preferences in this metter.

RECOMMENDATION
THAT Council recommend to the Regional District that 6 by-law

be passed to require member mniotpalities to levy the Listrict
rate on hospital assessments.

MUUICIFAL TREASURER