~2.-

This year the Board's budget has increased by 16%, This increase barely
Keeps pace with the salary increases granted to enployces. There are no
substantial improvements to the progran. We think it is Significant that
the local. tax requisition will. increase by 23.5% ever Lagt year,

This matter was discussed at a School Poard meeting oan Tuesday, 1981-04-23
and the Board asked me to request that your Council make representation to
the Ministers. of Education and Finance to urge the government to:

1. Pay special grants to Boards of School Trustees in the Vancouver,
Metropolitan School Districts in the year 1981 which will relieve the
extra. burden pllaced on local property taxpayers in these school
districts because of the rapid rise in assessed values which has
occurred in the past year.

Urge the government to revise the finance formula by the end of the
current calendar year so that in the year 1982 there will be a
reduction in school. property txxes in the Vancouver Metropolitan School
Districts and there willl also be an equitable distribution of property;
taxes throughout the Province in 1982 and subsequent years.

I would be pleased to discuss this further with you if you desire more
information.

Yours truly,

SCHOOL DISTRICT NO. 43 (COQUITLAM )

Eunice Y. Parker, Chairman
Board of School Trustees

EXP: bu