WHEREAS the provincial government receives .03 per litre gasoline tax to be used to support the transportation system in the Province of British Columbia; AND WHEREAS the monies are to be re-distributed to the approved transportation systems and those transportation systems that are queued have been approved: THEREFORE BE IT RESOLVED that the provincial government provide equitable funding to all these transportation systems expeditiously.
Ministry of Finance The tax on gasoline and diesel fuel was increased by 3.5 cents per litre in Budget 2003 to provide additional funding for the BC Transportation Financing Authority BCTFA to help fund the provincial transportation investment plan. As shown in Budget 2005, the additional fuel tax revenue from the 3.5 cents per litre is required to help fund the transportation plan, at least over the next three years.