Operational Plan 2012-2013 - Coffs Harbour City Council - NSW ...

Statement of Council’s Revenue Policy (Continued)Pensioner Rebates for 2012/2013Rebates are available to eligible pensioners who are solely or jointly liable for the payment of rates and charges.These rebates are as follows:− 50% of ordinary rates up to a $250.00 maximum rebate.− 50% of water charges up to a maximum $87.50 rebate.− 50% of sewer access charges up to a maximum $87.50 rebate.− 50% of domestic waste charges up to a maximum $87.50 rebate.− 50% of the environmental levy.Proposed Loan Borrowings for 2012/2013It is anticipated that the following new loans will be drawn in 2012/2013 to fund works as listed.Borrowings will be sourced through quotations received from major lenders and will be secured by mortgage over Council funds.Fund Works 2012/2013($)General Airport Runway Renewal Works 5,000,000General Open Space Land Acquisition 2,500,000General Community Group Loan – Coffs Harbour & District Hockey Association Inc 250,000TOTAL BORROWINGS 7,750,000Coffs Harbour City Council – 2012/2013 Operational Plan 28 June 2012 Page 26