2014-01-02 Budget Adoption Report Attachments

2013/14 REVENUE POLICY


                                                                                 ATTACHMENT 2
NOOSA SHIRE COUNCIL REVENUE POLICY


POLICY PURPOSE

This is an interim policy based on the existing SCRC revenue policy and will be subject to further
review and change if necessary.

The purpose of this Revenue Policy is to set out the principles used by Council for:

   the levying of rates and charges; and
   granting concessions for rates and charges; and
   the recovery of overdue rates and charges; and
   cost recovery fees.

POLICY OUTCOME

The Revenue Policy will guide Council in the development of the budget for the six months ending
30 June 2014.

POLICY SCOPE

The Revenue Policy applies to all areas identified in Section 193 of the Local Government
Regulation 2012.

GUIDING PRINCIPLE

Council is required to prepare and adopt a Revenue Policy in accordance with Section 193 of the
Local Government Regulation 2012.

The Revenue Policy must be reviewed annually and in sufficient time to allow an annual budget
that is consistent with the Revenue Policy to be adopted for the next financial year.

Accordingly, the principles contained within the Revenue Policy are applied in the determination of
the rates, fees and charges as detailed in the Revenue Statement.

POLICY STATEMENT

Council levies rates and charges to fund the provision of valuable services to the Noosa
community. When adopting its annual budget Council will set rates and charges at a level that will
provide for both current and future community requirements. Council will apply the principle of
transparency in making rates and charges.

1. General Rates

General Rate revenue provides essential whole of community services not funded through
subsidies, grants, contributions or donations received from other entities, or not provided for by
other levies or charges. Council will consider all full cost recovery options before calculating the
general rate.

Council is required to raise an amount of revenue it sees as being appropriate to maintain assets
and provide services to the shire as a whole. In deciding how that revenue is raised Council has
formed the opinion that a differential general rating scheme, based primarily on land use, provides
the most equitable basis for the distribution of the general rate burden.

Noosa Shire Council                                                                      Page 1 of 4