Provincial Property Assessment process

WHEREAS the property assessments developed by British Columbia Assessment a provincial Crown Corporation are required for budgeting and property tax purposes; AND WHEREAS the City relies on receiving accurate information from BC Assessment for developing a significant portion of its annual revenue budget; AND WHEREAS Council would like to have the operating budget approved in December of the prior year; AND WHEREAS the final property assessment information for budget purposes is not available until March of the budget year: THEREFORE BE IT RESOLVED that the Union of British Columbia Municipalities request that BC Assessment review its processes to accommodate municipal budget approval by December 31st of the prior year.