SURREY - The city is creating a Property Tax Review Task Force. A report to council Monday noted the authority to impose property taxes and user fees stem from an era where local governments delivered a narrow range of services - such as water, sewer and the local road network.
With a broadening of the types of services that local governments deliver, Surrey will look at whether traditional revenue sources align well with new services, or if there are better ways to finance them.The task force will look at revenue tools and whether they support tax policy objectives, such as ensuring that those that benefit form a service pay for it.The task force is expected to prepare a report of its findings for council by Feb. 28, 2015.