2015-03-12 Ordinary Meeting Agenda

ORDINARY MEETING AGENDA                                                                                                           12 MARCH 2015


The table below sets out the five issues that were in dispute together with details of how much SCRC claimed, how much Noosa Council claimed
and the final decision by the Minister.
Issue                Amount as per    Amount Noosa      Amount     Independent Consultant            Minister       Notes
                     Transfer         Council claimed   SCRC       Recommendation                    Decision –
                     Committee        payable           Claimed                                      Noosa to
                     Cash                               payable                                      receive this
                     Reconciliation                                                                  amount
                     Statement
1. Water &           $2.615m          $11.4M (in        $4.182M       Under the ‘FY10 reserves’     $4.182M           Note that the amounts quoted
   Sewerage          (Disputed)       addition to the   (total)        approach     NSC   would                         by the independent consultant
                                      Transfer                         receive $13.973m.                                include    $4.182M      already
                                      Committee Cash               OR                                                   accounted for in the Minister’s
                                      Reconciliation                                                                    decision.
                                                                    Under a ‘modified funds
                                      Statement)                                                                       The Minister did not follow the
                                                                      provided’ approach NSC
                                                                      would receive $8.610m.                            findings of the independent
                                                                                                                        consultant
2. Carbon Tax        $0 (Disputed)    $777K             $0         The Consultants recommend         $412K             An allowance was made for
                                                                   that the residual funds after                        additional landfill that was
                                                                   acquitting the carbon tax                            deposited at Noosa in 2012/13
                                                                   liability be distributed 80% to                      which reduced our claim by
                                                                   NSC and 20% to SCRC.                                 20%
3. Developer         $984K            $6.8M (in         $0         Without expert advice the         $0                Numerous examples of the
   Contributions     (Disputed)       addition to the              Consultants are unable to                            SCRC justification including
                                      Transfer                     make recommendations on the                          projects outside the Noosa
                                      Committee Cash               appropriateness of the                               area    (e.g.  Coolum) and
                                      Reconciliation               ‘normalising’ adjustments                            projects not identified in the
                                      Statement)                   undertaken by SCRC at 30                             PIP
                                                                   June 2013 or their
                                                                   retrospective application. The
                                                                   Consultants are also unable to
                                                                   make a recommendation
                                                                   regarding the NSC claim that
                                                                   SCRC has ‘double dipped’
                                                                   through the adjustments in
                                                                   addition to the allocation of
                                                                   debt.



                                                                                                                                     Page 15 of 24