NOOSA JUNCTION LEVY AND REVENUE STATEMENT AMENDMENT - 2023-24 BUDGET · ATTACHMENT 1 2023-24 Revenue Statement REVISED DEC 2023

Revenue Statement - 2023/24


1.3      Approach to Making/Levying Rates and Charges
Council has developed this Revenue Statement in accordance with its Revenue Policy, which aims
to raise revenue sufficient to enable it:
•     to deliver a budget that provides a robust financial basis for effective administration of
      expenditure and debt;
•     to provide services in a manner directed at safeguarding intergenerational equity within the
      community, i.e. by endeavouring to meet the needs of the present without compromising the
      ability of future generations to meet their needs;
•     to sustain its long-term operational capabilities;
•     to encourage the development of a vibrant and strong local economy served by appropriate
      infrastructure and facilities;
•     to provide certainty of funding for the provision of the infrastructure and services identified in
      its long-term strategic plans.

Council’s applies the following criteria to structuring its rates and charges:
•     pursuit of effectiveness and efficiency in meeting the objectives (financial, social, economic,
      and environmental, and other) in its Corporate Plan and policies;
•     pursuit of equity and fairness, including consistency, in the application of lawful rating and
      charging principles; in particular, avoiding bias, taking account of all relevant considerations,
      and disregarding irrelevancies, e.g. perceived personal wealth of ratepayers or ratepayer
      classes;
•     pursuit of clarity of expression and presentation, to optimise ratepayer and stakeholder
      comprehension; and
•     ensuring its revenue decisions support its financial strategies for responsible and maintainable
      delivery of the infrastructure and services consistently with its long-term planning.

Council seeks to meet those criteria in:
•     making, levying, and collecting its rates and charges;
•     granting and administering rating and charging concessions;
•     charging for its services and facilities;
•     charging for competitive services and facilities;
•     charging for business services and facilities (subject to National Competition Policy);
•     imposing cost-recovery fees; and
•     funding Council infrastructure.

In making all rates and charges Council will also have regard to:
•     transparency - to inform the community of the basis of those rates and charges and hence
      Council’s accountability;
•     creating a rating regime that is cost effective to administer;
•     flexibility - taking account of changes in the local economy.




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