New South Wales Consolidated Regulations

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LOCAL GOVERNMENT (GENERAL) REGULATION 2005 - REG 201

Annual statement of council's revenue policy

201 Annual statement of council's revenue policy

(1) The statement of a council's revenue policy for a year that is required to be included in an operational plan under section 405 of the Act must include the following statements:
(a) a statement containing a detailed estimate of the council's income and expenditure,
(b) a statement with respect to each ordinary rate and each special rate proposed to be levied,
Note : The annual statement of revenue policy may include a note that the estimated yield from ordinary rates is subject to the specification of a percentage variation by the Minister if that variation has not been published in the Gazette when public notice of the annual statement of revenue policy is given.
(c) a statement with respect to each charge proposed to be levied,
(d) a statement of the types of fees proposed to be charged by the council and, if the fee concerned is a fee to which Division 3 of Part 10 of Chapter 15 of the Act applies, the amount of each such fee,
(e) a statement of the council's proposed pricing methodology for determining the prices of goods and the approved fees under Division 2 of Part 10 of Chapter 15 of the Act for services provided by it, being an avoidable costs pricing methodology determined by the council in accordance with guidelines issued by the Director-General,
(f) a statement of the amounts of any proposed borrowings (other than internal borrowing), the sources from which they are proposed to be borrowed and the means by which they are proposed to be secured.
(2) The statement with respect to an ordinary or special rate proposed to be levied must include the following particulars:
(a) the ad valorem amount (the amount in the dollar) of the rate,
(b) whether the rate is to have a base amount and, if so:
(i) the amount in dollars of the base amount, and
(ii) the percentage, in conformity with section 500 of the Act, of the total amount payable by the levying of the rate, or, in the case of the rate, the rate for the category or sub-category concerned of the ordinary rate, that the levying of the base amount will produce,
(c) the estimated yield of the rate,
(d) in the case of a special rate--the purpose for which the rate is to be levied,
(e) the categories or sub-categories of land in respect of which the council proposes to levy the rate.
(3) The statement with respect to each charge proposed to be levied must include the following particulars:
(a) the amount or rate per unit of the charge,
(b) the differing amounts for the charge, if relevant,
(c) the minimum amount or amounts of the charge, if relevant,
(d) the estimated yield of the charge,
(e) in relation to an annual charge for the provision by the council of coastal protection services (if any)--a map or list (or both) of the parcels of rateable land that are to be subject to the charge.
(4) The statement of fees and the statement of the pricing methodology need not include information that could confer a commercial advantage on a competitor of the council.



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