2026/27 FINANCIAL POLICIES · Attachment 4 - Revenue Policy

Attachment 4 – Revenue Policy

    •   sustainability of revenue decisions that support financial strategies and he delivery
        of Council services.

 The Recovery of Rates and Charges

 With respect to the collection of rates and utility charges, Council will exercise its rate
 recovery powers pursuant to chapter 4, part 12 of the Regulation, to maintain liquidity
 through adequate cash flows to fund operations and to reduce the overall rate burden on
 ratepayers. This process is outlined in Rates and Charges Debt Management and
 Recovery Policy 2026/27. In exercising the recovery powers, Council will be guided by the
 principles of:
    •   equity, by treating all ratepayers in similar circumstances in the same manner
    •   fiscal responsibility, by having regard to their capacity to pay
    •   transparency and clarity, by making clear the obligations of ratepayers and the
        processes used by Council in assisting them to meet their financial obligations
    •   consistency, by scheduling reminder notices and recovery of overdue rates and
        charges within a consistent timeframe
    •   simplicity, in the administration and maintenance of the recovery process
    •   flexibility, by accommodating ratepayers’ needs through short-term payment
        arrangements
    •   sustainability, by ensuring overdue rates and charges remain at a level that does
        not impact Council services.

 Cost Recovery Fees

 All fees and charges will be set with reference to cost recovery pricing. Commercial
 charges will be at market rates and / or apply the competitive neutrality principle.

 New Development Costs

 Developer contributions for infrastructure are determined each year in accordance with the
 philosophy that a developer should pay reasonable and relevant contributions towards the
 capital cost of infrastructure provision, to meet past and future augmentation costs
 associated with new development, subject to State Government requirements.

 Council may enter infrastructure agreements with developers to achieve negotiated
 infrastructure charges outcomes for specific developments.


 ROLES AND RESPONSIBILITIES

 Councillors
 Councillors consider and adopt Council’s Revenue Policy.

 CEO and Executive Team
 The CEO and Executive Team endorse the Revenue Policy for Council adoption and
 provide leadership and commitment in complying with the Revenue Policy and relevant
 legislation and documents.




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