Meeting papers

Revenue Statement - 2025/26


4.4      Hastings Street Precinct Levy

The Hastings Street Precinct Levy is a special rate under section 94(1)(b)(i) of the Act and section
94 of the Regulation.

         Rates to Apply
The annual rates for the financial year ending 30 June 2026 are 0.07985 cents in the $ of rateable
valuation for all rateable properties within the benefited area delineated on map 4A, and 0.01123
cents in the $ of rateable valuations for all rateable properties within the benefited areas delineated
on maps 4B, 4C & 4D, with a minimum of $59.00 per annum for all properties within the benefited
areas as delineated on maps 4A, 4B, 4C and 4D as adopted in the 2025/26 budget.

         Land to which the rate applies
The land delineated on the maps in Appendix 4, including community titles lots.

         Service, facility or activity
The service, facility or activity for which the charge is levied is described in Appendix 4, Item 3.

         Basis of Charge Calculation
Council considers that the rateable land described above derives a special benefit from the service,
facility and activity referred to above at differential levels reflecting the degree to which the land or
occupier is considered to derive benefit.

         Overall Plan
The Hastings Street Precinct Overall Plan is included in Appendix 4.

         Annual Implementation Plan
The annual implementation plan for the 2025/26 financial year is included in Appendix 4.

         Discounts
An early payment discount as shown in section 2.3 and Council pensioner concessions as shown in
section 2.4 will not apply to this rate.




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