Financing city services : Operating expenditure

The closer the link If, on the other hand, the marginal cost of producing between the beneficiaries of a government service and the last litre is 10 cents and customers are only willing payment for that service, the greater is the degree of to pay 5 cents for it, this is not an efficient level of accountability. [...] The benefit that customers get from matched to beneficiaries, the latter can determine this unit is less than the cost of the resources used whether the benefit from the last unit consumed up in producing it and society is worse off – worse is worth the price or tax paid for its consumption. [...] Second, they are efficient not a criticism of the property tax itself; rather it is if designed to recover the cost of local public services comment on the way in which the property tax rates consumed - no incentive exists for a household or are often structured and whether this structure leads to firm to alter its behaviour or location to avoid the distortions. [...] The ratio is calculated by dividing the tax rate for each class by The over-taxation of the non-residential sector has the tax rate for the residential property class. [...] In response to the recommendations of the beyond the provincially established average ratios - Vancouver Property Tax Policy Review Commission in must be imposed on the residential sector and not on 2007, the city continued to shift some of the burden of the commercial/industrial sector.