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

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

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(v) LESS VALUATION OBJECTION INCOME proposed ong>toong> ong>beong> recouped in 2005/06. ($18,000) (vi) NET 2005/2006 NOTIONAL GENERAL INCOME YIELD {iv less v} $38,301,297 9. NOTIONAL GENERAL INCOME (RATES AND ANNUAL CHARGES STRUCTURE) 2004/05 *Note: Valuations listed here are ong>toong> ong>beong> taken from Council’s Valuation list on 1 July 2004 and are ong>toong> include supplementaries having the same base date and furnished ong>toong> Council during 2004/05 and estimates ong>ofong> increase in valuations provided ong>toong> the Council under section 513. (i)Ordinary Rates Farmland (Name) # ong>ofong> Assessments Base Amount(B)/ Minimum(M) $ ¢ in $ Valuation *(see note above) Notional Income $ Sub-Total Residential (Name) 35,426 354 (M) .19635 16,527,877,868 33,037,361 Sub-Total 35,426 16,527,877,868 33,037,361 Mining (Name) Sub-Total Business (Name) 883 354 (M) .5259 422,931,809 2,244,324 Sub-Total 883 422,931,809 2,244,324 TOTAL #36309 TOTAL $16,950,809,677 $35,281,685 (ii) Special Rates (excluding water and sewerage) – 2004/05 PURPOSE # ong>ofong> Assessments Base Amount(B)/ Minimum(M) $ ¢ in $ Total Valuation *(see note above) Notional Income $ Infrastructure Levy 37063 .01005 17,528,495,834 1,761,614 Total TOTAL $1,761,614 (iii) Annual Charges (s501) - 2004/05 (including drainage, excluding water, sewerage and all waste management services) Purpose # ong>ofong> Assessments $ *Annual Charge $ Notional Income 484671 Page 29

TOTAL $ *NB: Each element ong>ofong> the annual charge ong>toong> ong>beong> separated inong>toong> its own Notional Yield calculation (iv) 2004/05 NOTIONAL GENERAL INCOME $37,043,299 {Sum ong>ofong> Notional Income ong>toong>tals in (i), (ii) and (iii)} 10. 2005/06 PERMISSIBLE GENERAL INCOME A+B 2004/05 Notional General Income (point 9(iv)) 37,043,299 #Less Decrease from expiry ong>ofong> a prior special variation Adjusted 2004/05 Notional General Income 37,043,299 #Plus Increase from announced variation #{Plus/(Minus) Adjustment for prior catch-up(s)/(excess) C #{Minus Valuation objections} TOTAL $37,043,299 # As per Departmental written advice: (A, B & C – for all ong>councilong>s) and regarding expiry ong>ofong> a previously approved special variation for a specific period only (applicable ong>councilong>s advised). 11. IS A SPECIAL VARIATION REQUIRED? *2005/06 Notional General Income Yield (point 8(iv)) *38,319,297 Less Valuation Objection income ong>toong> ong>beong> recouped (pt. 8(v)) (18,000) Less Permissible General Income (point 10 ong>toong>tal) 37,043,299 TOTAL (Difference) $1,257,998 *Includes Crown Land Income Adjustment “NIL” (amount or Nil) 12. (i) 2005/06 REVENUE FOR DOMESTIC WASTE MANAGEMENT SERVICES ANNUAL CHARGE(S) - S496 AND USER PAYS S502 – List each charge separately. *NB: Each element ong>ofong> the annual charge ong>toong> ong>beong> separated inong>toong> its own Notional Yield calculation Purpose # ong>ofong> Assessments $ $ $ *Annual Charge User Pays Notional Yield Base service with green waste service 28689 250.00 7,274,750.00 Base service without green waste service 484671 Page 30 296 190.00 61,180.00 Flat, home unit 4123 230.00 977,040.00 Provision additional green waste bin per container per year 240 litre waste container with green 640 80.00 52,720.00 2134 350.00 746,900.00

(v)<br />

LESS VALUATION OBJECTION INCOME proposed <str<strong>on</strong>g>to</str<strong>on</strong>g> <str<strong>on</strong>g>be</str<strong>on</strong>g><br />

recouped in <strong>2005</strong>/06.<br />

($18,000)<br />

(vi)<br />

NET <strong>2005</strong>/2006 NOTIONAL GENERAL INCOME YIELD<br />

{iv less v}<br />

$38,301,297<br />

9. NOTIONAL GENERAL INCOME (RATES AND ANNUAL CHARGES STRUCTURE) 2004/05<br />

*Note: Valu<strong>at</strong>i<strong>on</strong>s listed here are <str<strong>on</strong>g>to</str<strong>on</strong>g> <str<strong>on</strong>g>be</str<strong>on</strong>g> taken from Council’s Valu<strong>at</strong>i<strong>on</strong> list <strong>on</strong> 1 July 2004 and are <str<strong>on</strong>g>to</str<strong>on</strong>g><br />

include supplementaries having the same base d<strong>at</strong>e and furnished <str<strong>on</strong>g>to</str<strong>on</strong>g> Council during 2004/05 and estim<strong>at</strong>es<br />

<str<strong>on</strong>g>of</str<strong>on</strong>g> increase in valu<strong>at</strong>i<strong>on</strong>s provided <str<strong>on</strong>g>to</str<strong>on</strong>g> the Council under secti<strong>on</strong> 513.<br />

(i)Ordinary R<strong>at</strong>es<br />

Farmland (Name)<br />

# <str<strong>on</strong>g>of</str<strong>on</strong>g><br />

Assessments<br />

Base<br />

Amount(B)/<br />

Minimum(M)<br />

$<br />

¢ in $ Valu<strong>at</strong>i<strong>on</strong><br />

*(see note above)<br />

Noti<strong>on</strong>al Income<br />

$<br />

Sub-Total<br />

Residential (Name) 35,4<strong>26</strong> 354 (M) .19635 16,527,877,868 33,037,361<br />

Sub-Total 35,4<strong>26</strong> 16,527,877,868 33,037,361<br />

Mining (Name)<br />

Sub-Total<br />

Business (Name) 883 354 (M) .5259 422,931,809 2,244,324<br />

Sub-Total 883 422,931,809 2,244,324<br />

TOTAL #36309 TOTAL $16,950,809,677 $35,281,685<br />

(ii) Special R<strong>at</strong>es (excluding w<strong>at</strong>er and sewerage) – 2004/05<br />

PURPOSE<br />

# <str<strong>on</strong>g>of</str<strong>on</strong>g><br />

Assessments<br />

Base<br />

Amount(B)/<br />

Minimum(M)<br />

$<br />

¢ in $ Total Valu<strong>at</strong>i<strong>on</strong><br />

*(see note above)<br />

Noti<strong>on</strong>al<br />

Income<br />

$<br />

Infrastructure Levy 37063 .01005 17,528,495,834 1,761,614<br />

Total<br />

TOTAL $1,761,614<br />

(iii) Annual Charges (s501) - 2004/05 (including drainage, excluding w<strong>at</strong>er, sewerage and all waste<br />

management services)<br />

Purpose # <str<strong>on</strong>g>of</str<strong>on</strong>g> Assessments $<br />

*Annual Charge<br />

$<br />

Noti<strong>on</strong>al Income<br />

484671 Page 29

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