Grants in lieu of property taxes are distributed every November
and reimburse local municipalities throughout the province for the services they provide to the public and their support of local infrastructure, such as parks, municipally run sewers, roads and fire protection.
"This funding helps improve people's lives by giving municipalities extra resources to plan, enhance and build vital local services and amenities." Schools and hospitals are exempt from paying municipal property taxes and are not part of the grants-in-lieu calculation. But in 1963, the Government of B.C. recognized its responsibility to compensate municipalities for local services that benefit provincially owned properties.
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