2014-01-02 Budget Adoption Report Attachments

Appendix 3


3. The Estimated Cost of Implementing the Overall Plan
It is estimated that the special rate will raise a total of $616,000 in the second half of the 2013/14
financial year. These funds will be expended on repayment of loan interest and redemption and
towards ongoing streetscaping improvements.
For the 2013/14 financial year, Council will levy an annual special rate of point three five two two
(0.3522) cents in the dollar on the rateable value of each parcel of land (including strata titled units)
within the benefited area delineated on map 5A and an annual special rate of point one one two
nine (0.1129) cents in the dollar on the rateable value of each parcel of the land (including strata
titled units) that gains benefit from tourist visitation within the benefited areas delineated on map
5B, 5C and 5D for the purpose of defraying costs of streetscaping of the Main Beach precinct.
4. Estimated Time for Implementing the Overall Plan
The Overall Plan provides for the repayment of the loan associated with Noosa Main Beach
Precinct Streetscape project for the 2013/14 financial year.




                                                Noosa Shire Council Budget six months ending 30 June 2014   40