ordinary meeting of council to be held on tuesday, 26 april 2005 at ...

Ku-ring-gai Council
Draft Management Plan 2005-2009
REVENUE POLICY
Rates Statement
Ordinary Rate
The land within the Ku-ring-gai area is divided in<strong>to</strong> two categories, Residential and
Business.
Rate Levy
Council has adopted a Differential Rate with a General Residential Rate and a General
Business Rate. Council has elected not <strong>to</strong> levy a base charge. Business and Residential
Categories can <strong>be</strong> defined as follows:
Residential
Each parcel <strong>of</strong> land valued as one assessment whose dominant use is for residential
accommodation (other than as a hotel, motel, guesthouse, boarding house or nursing
home or any other form <strong>of</strong> residential accommodation whose dominant use is for
business or pr<strong>of</strong>it).
Business
Each parcel <strong>of</strong> land valued as one assessment whose dominant use is for business,
commerce or associated with business for pr<strong>of</strong>it, whether pr<strong>of</strong>itable or not.
Special Rate - Infrastructure Levy
The infrastructure levy is used <strong>to</strong> upgrade Council’s road network. The Minister for
Local Government approved a special rate for five years from 2002 <strong>to</strong> 2006. Currently,
eligible pensioners receive a full rebate on this levy.
Special Rate – Environmental Levy
Council has resolved <strong>to</strong> make application <strong>to</strong> the Minister for Local Government for the
introduction <strong>of</strong> an Environmental Levy. The levy (if approved) will <strong>be</strong> levied on each
parcel <strong>of</strong> land categorised Residential or Business.
The yield is expected <strong>to</strong> <strong>be</strong> $1,887,000 per annum. However, Council has resolved that
there will <strong>be</strong> a voluntary rebate for pensioners, which amounts <strong>to</strong> $127,000.
Accordingly, $1,760,000 will <strong>be</strong> available for Environmental Works. It is expected that
the rate in the dollar will <strong>be</strong> $0.0001107.
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