Higher education in British Columbia
In the report, "Campus 2020: Thinking Ahead", the creation of a Higher Education Price Index is recommended to reflect education costs so that each institution can set its own tuition levels independently, but subject to the limits imposed by the provincial government. Regarding the issue of funding higher education in British Columbia, "research-based allocation" of resources will increase the efficiency of these funds. In relation to the system, more funding is necessary to focus on the specific targets of post-secondary achievement by progressively introducing outcome and performance measurements and accountability into the budgeting process.
University Endowment Lands
An unincorporated entity, the UEL has no mayor or municipal government. Rather, it is mostly ruled by the University of British Columbia, the Metro Vancouver Regional District (MVRD) and the Province of British Columbia, and they control three entities: the University of British Columbia, University Hill and Pacific Spirit Regional Park. It is part of Electoral Area A of the GVRD.
Residential and commercial taxes are paid directly to the provincial government.