|
|
 |
|
|
Page Last Updated:
Monday, 3 September 2012 |
 |
|
|
Home>Council Publications>2012/2013 Financial Year>2012/2013 Financial Year
| Council resolved at its Special Meeting held on Monday 27 July 2012 to adopt the Draft Budget.
The Draft Budget relates to the 2012/2013 financial year, and:
a) discloses that, as at 30 June 2012, the total amount borrowed by Council was $578,515;
b) proposes that $Nil will be borrowed by Council during the financial year;
c) projects that $135,768 will be redeemed from borrowings during the financial year;
d) projects that the total amount of borrowings by Council at 30 June 2013 will be $442,747;
e) projects that the total amount of servicing borrowings by Council during the financial year will be $33,930;
f) proposes that the general rates which the Council intends to raise by the application of a differential rate are as follows: - Rural Production 0.4044% of Capital Improved Value - Residential and Accommodation 0.4621% of Capital Improved Value - Other 0.4621 % of Capital Improved Value;
g) proposes that the Municipal Charge shall be $169.00 in respect of each rateable property, other than rateable property exempted from such Municipal Charge pursuant to Section 159(3) of the Local Government Act 1989;
h) proposes that the service charge for the collection and disposal of refuse shall be $188.00 per residential service and $255.00 per commercial service. In addition, GST will be charged in accordance with tax legislation where applicable.
i) proposes that the service charge for the collection and disposal of recyclables shall be $71.00 per service. In addition, GST will be charged in accordance with tax legislation where applicable.
The Budget was adopted at a Special Meeting held on 27th July 2012 at 8:30 a.m. in the Council Chambers at Serpentine.
John McLinden Chief Executive Officer
| |
| |
|