Neighbours’ Fund

Providing Municipal-Like Services to UNA Residents

The Services Levy is deposited into the Neighbours’ Fund, which is a separate fund within UBC finances. The UNA Annual Operating Budget receives funds from the Neighbours’ Fund to provide municipal-like services to the residents of the UNA. The Neighbours’ Fund is made up of the annual Services Levies collected from UNA homeowners and surpluses from prior years. Surpluses are allocated to four Reserve Funds within the Neighbours’ Fund:

  • Infrastructure Replacement (used for streets, water, and lights)
  • Capital (used for replacement of the community centre building and play equipment in UNA parks)
  • Rate Stabilization (to guard against unforeseen changes in the City of Vancouver tax rates)
  • Contingency (to provide for unanticipated annual financial needs)

 

Audited Neighbours’ Fund Financial Statements

For more information about your Services Levy, please contact the UBC Finance office at 604-822-3596 or email levy@finance.ubc.ca.

For more information about the Rural Property Tax, please contact 604-660-2421 or direct 250-387-0555.

For more information about the UNA budget, programs, and services, please contact the UNA office at 604-827-5158 or email reception@myuna.ca.

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