2014-01-02 Budget Adoption Report Attachments

Noosa Shire Council Revenue Statement



3.          GENERAL RATES
3.1         Basis of Rates
General Rates are to be levied under Section 94 of the Local Government Act 2009. The rate so
made shall be applied to the rateable value of properties.
The Noosa Shire Council will use a system of differential general rating for the second half of the
2013/14 financial year. A differential system of rates provides equity through recognising the use of
the property and the financial impact on ratepayers. These factors, along with the rateable value of
the land, have been considered in determining the differential general rate. Noosa Shire Council
will not make a resolution limiting the increases in general rates for the second half of the 2013/14
financial year.

3.2         Rates to Apply
The applicable rates for the six months ending 30 June 2014 are identified in Table 2 Schedule of
Rates, as adopted in the 2013/14 Council budget. The rate shall apply to the rateable value of
lands which are within the Noosa Shire as provided by the Department of Natural Resources and
Mines.
3.2.1       Differential General Rates
There will be 30 differential general rating categories in 2013/14. The categories and the relevant
criteria are outlined in Table 1 Differential General Rates. An explanation of the land use codes is
contained in the document “Noosa Shire Council Land Use Codes 1st January 2014".
For the purpose of making and levying differential general rates for the financial year on all
rateable land in the shire, the Council determines that:
(i)     the categories into which the rateable land in the shire is to be categorised are:
        1      Rural & Agricultural
        2      Commercial & Industrial with a rateable value from $0 to $175,000
        3      Commercial & Industrial with a rateable value from $175,001 to $400,000
        4      Commercial & Industrial with a rateable value greater than $400,000
        5      Extractive Industries
        6      Residential/Other with a rateable value from $0 to $280,000
        7      Residential/Other with a rateable value from $280,001 to $450,000
        8      Residential/Other with a rateable value from $450,001 to $550,000
        9      Residential/Other with a rateable value from $550,001 to $700,000
        10     Residential/Other with a rateable value from $700,001 to $800,000
        11     Residential/Other with a rateable value from $800,001 to $920,000
        12     Residential/Other with a rateable value from $920,001 to $1,100,000
        13     Residential/Other with a rateable value from $1,100,001 to $1,400,000
        14     Residential/Other with a rateable value from $1,400,001 to $2,500,000
        15     Residential/Other with a rateable value over $2,500,000
        16     Residential - not principal place of residence - with a rateable value from $0 to
               $420,000
        17     Residential - not principal place of residence - with a rateable value from $420,001 to
               $500,000
        18     Residential - not principal place of residence - with a rateable value from $500,001 to
               $750,000
        19     Residential - not principal place of residence - with a rateable value over $750,000
        20     Vacant Land with a rateable value over $1,000,000 and total area greater than 1500
               square meters.



                                                  Noosa Shire Council Budget six months ending 30 June 2014   14