Friday, August 23, 2013

Blueprint for Local Gov't Finance

This past Wed - the UBCM Select Committee on Finance published its' final report on changes to local government's finance model.  You can read the full report here.  In addition - you can find support material here

The Committee reviewed a variety of tax options for local government including a look at tax models used in the US.  One option I like is a local gas tax for road improvements.  A variation on it could be an imposition of a local gas tax until all roads are repaired and then remove the tax and maintain roads using the yearly capital budget

The report now goes to the UBCM Membership for formal endorsement

I look forward to hearing the government's formal response to this report in due course.  Hopefully this fall...

-- SBF

2 comments:

Anonymous said...

Thanks Steve. One problem with a "temporary" tax (the gas tax idea) is how some "temporary" taxes have become permanent. Would such a tax just be passed on to us taxpayers in our gas bill?

Anonymous said...

If they quit wasting our money on dog parks and crap there would be plenty of money to fix the roads without adding another tax.