Whereas local governments in British Columbia face increasing demands for essential services and infrastructure due to significant population growth, with the provinces population reaching an estimated 5,646,467 as of April 1, 2024, marking an annual growth rate of 3.3 - the highest since 1971; And whereas the primary revenue source for local governments, property taxes, is regressive and places a disproportionate burden on lower-income households, while the costs of infrastructure projects continue to rise at a rate that outpaces consumer inflation, making it increasingly difficult for lo