Annual Report 2023-24

                                                                                                                                   Special Rates
      Significant Business Activity




                                                                                                                                                                                                                                                             Governance and Disclosures
      In accordance with threshold of expenditure and the methodology prescribed by sections 19 and 20 of the LG


                                                                                                                                   and Charges
      Regulation, Council’s waste management activity was considered a significant business activity for the period.


      Commercial Business Units
      Pursuant to section 27(2) of the LG Regulation, a commercial business unit is a business unit that conducts business in
      accordance with the prescribed key principles of commercialisation.
                                                                                                                                   Below is a list of Council levies and special charges for the period:
                                                                                                                                   — Noosa Waters Lock and Weir Maintenance Levy
      Council did not nominate any business activities as commercial business units during the period.
                                                                                                                                   — Noosa Waters Canal Maintenance Levy
                                                                                                                                   — Noosa Junction Levy
                                                                                                                                   — Noosa Junction Streetscape Levy

      Competitive                                                                                                                  — Hastings Street Precinct Levy
                                                                                                                                   — Noosa Main Beach Levy


      Neutrality
                                                                                                                                   — Hastings Street Community Safety Program Charge
                                                                                                                                   — Lower Noosa North Shore Electricity Charge


                                                                                                                                   There were no levies or special charges supplied by another local government under an agreement for conducting a
                                                                                                                                   joint government activity.
      Council is committed to ongoing compliance with National Competition Policy principles and its legislative obligations
      in this area. Furthermore, Council is committed to ensuring that its business activities operate on a level playing field
      with private businesses in the community.


176
      Council ensures that the pricing practises for each business activity comply with the principles of full cost pricing such   Summary of Concessions                                                                                                    177



                                                                                                                                   for Rates and Charges
      that total revenue, inclusive of identified and measured community service obligations and net of any advantages and
      disadvantages of public ownership, should aim to cover the following elements:
       — Operational and resource costs
       — Administration and overhead costs
       — Depreciation
                                                                                                                                   General Rate Concessions
       — Tax and debt equivalents
                                                                                                                                   In addition to those classes of land granted a general rate exemption, Council also provides general rates concessions
       — Return on capital / return on cost.
                                                                                                                                   to land deemed eligible in accordance with Council’s General Rate Donation Policy. Applications received during
                                                                                                                                   the 2023/24 year that meet the policy eligibility requirements will be granted a general rate concession for the year.
      During the period, there were no investigation notices provided to Council relating to competitive neutrality
                                                                                                                                   Property owners must immediately notify Council if there is a substantive change of land use for a property in receipt
      complaints. Accordingly, the Queensland Competition Authority did not make any reportable recommendations to
                                                                                                                                   of a general rate concession.
      Council in relation to a competitive neutrality complaint.

                                                                                                                                   Deferment of General Rates
                                                                                                                                   Chapter 4 Part 10 of the LG Regulation allows Council to grant a rating concession to certain ratepayers by entering an
                                                                                                                                   agreement to defer the payment of rates and charges.




                                                                                                                                                                                                                                                             Noosa Council Annual Report 23/24
                                                                                                                                   Pursuant to section 120(1)(a), section 121(b) and section 122(1)(b) of the LG Regulation Council may allow eligible
                                                                                                                                   pensioners to enter into an agreement to defer the payment of rates.