2014-06-18 Special Meeting Budget

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 2014/15 financial
year. Noosa Shire Council will not make a resolution limiting the increases in general rates for the
2014/15 financial year.

3.2 Rates to Apply
The applicable rates for the 2014/15 financial year are identified in Table 2 Schedule of Rates, as
adopted in the 2014/15 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 29 differential general rating categories in 2014/15. 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 July 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.
      21    Lots < 20m2 , Pump Stations, Stock Grazing Permit, Strata Garage
      22    Land Subject to Chapter 2, Part 2, Division 5, Subdivision 3 of the Land Valuation Act
            2010
      23    Retirement Villages & Nursing Homes


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