Meeting papers

                                                                       Council Policy
                                                                   REVENUE POLICY

Corporate Plan Reference:                    Theme 5: Excellence

                                             Objective 5.2 - Continue to deliver a financially
                                             sustainable Council that has the resources
                                             now and into the future to achieve its strategic
                                             objectives. This will be supported through the
                                             introduction of enhanced sustainability
                                             reporting and performance indicators, as well
                                             as ESG (environment social and governance)
                                             accounting practices as guided by statutory
                                             requirements

Endorsed by Council:                         30 June 2025

Policy Author:                               Revenue Services Manager


POLICY STATEMENT

Noosa Shire Council (Council) is required to include a Revenue Policy in its annual budget
in accordance with section 169(2)(c) of the Local Government Regulation 2012 (the
Regulation).

PURPOSE

Section 193(3) of the Regulation requires Council to review its Revenue Policy in sufficient
time to allow an annual budget that is consistent with its Revenue Policy to be adopted
for the next financial year. Under section 193, Council’s Revenue Policy must state the
principles that Council intends to apply in its 2025/26 Budget for:

•   the levying of rates and charges
•   the granting of concessions for rates and charges (including the purpose for the
    concessions)
•   the recovery of overdue rates and charges
•   cost recovery methods
•   the extent to which physical and social infrastructure costs for new developments are
    to be funded by charges for the development.

SCOPE

This policy applies to all areas identified in Section 193 of the Regulation and will be used
by Council to guide the development of its Revenue Statement 2025/26.




                                                                                                    25
                                                                                           Page 150 of 392