ry. > h Va el 799 hs “y i a) / 2 ‘ /2 “< SUGGESTED AMENDED RESOLUTIONS That the present basic education levy formula be anended to eliminate a Single province wide basic mill rate and substitute regional basic mill rates. That a separate tregional' basic levy on non-residential property be established. The total amount in the provinee to be raised frem this Source would be allocated by region on the basis of nonresidential assessments excluding land. However, each region's allocation would be raised by a basic Tevy on non-residential assessments including land. That the Province allocate the Basic Edueation Grant to Schcol Districts on the basis of total Basic Education Program Cost and that such grants be adjusted to, in effect, equalize the basic levy on non-residential property so that the residential percentage share of local taxation in each region equals the provincial average, That the basic education cost be calculated, based on the previous year's costs plus a provision for inflation for the current year. That as long as a substantial number of homeowners continue to pay net. school. taxes (after deducting -the present homeowner grant) any increased provincial contribution over 1981 funding levels should be . paid to school districts in the form of increased direct grants instead of increasing the Homeowner Grant. ; That the foregoing basic changes be instituted for the 1982 taxation year and not delayed until further studies are completed. That the present actual value system be left alone and that the "Phase-in Proposal" recommended in the taxation report not be proceeded with. That if the Province is concerned with ability to pay, it consider using income tax credits (similar to the renters’ tax credit) as the method of accomplishing this and not attempt to use the Property tax to redistribute income. That any proportionate inerease in Provincial grants to school districts not affect the availability of fumds to local government under the Revenue Sharing Act, as such increases would be a correction of the declining share of provincial funding in the past. That the principle of accountability both at the. provincial and local levels be incorporated in the school financing system. That the total amount of any contributions to the Basie Education Program cost from real property taxation in the province be fixed at 4 constant percentage and further: That the total of any amounts contributed toward the basic education program by residential and non-residential properties also be fixed at Separate constant percentages. 15