Cardinia Shire Council - Annual Report 2017-18
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<strong>Cardinia</strong> <strong>Shire</strong> <strong>Council</strong><br />
<strong>2017</strong>/20<strong>18</strong> Financial <strong>Report</strong><br />
Note 2 Funding for the delivery of our services<br />
2.1 Rates and charges<br />
Notes to the Financial <strong>Report</strong><br />
For the Year Ended 30 June 20<strong>18</strong><br />
20<strong>18</strong> <strong>2017</strong><br />
$'000<br />
$'000<br />
<strong>Council</strong> uses Capital Improved Value (CIV) as the basis of valuation of all properties within the municipal district. The<br />
CIV of a property is the market value as determined by the Municipal Valuer as at 1 January 2016.<br />
The valuation base used to calculate general rates for <strong>2017</strong>/<strong>18</strong> was $19,011 million (2016/17 $<strong>18</strong>,719 million). The<br />
<strong>2017</strong>/<strong>18</strong> rate in the CIV dollar was 0.003431 (2016/17, 0.003364).<br />
General Rates 70,824 66,155<br />
Waste management charge 11,689 11,078<br />
Supplementary rates and rate adjustments 1,203 1,636<br />
Cultural and recreational 101 99<br />
Interest on rates and charges 364 179<br />
Total rates and charges 84,<strong>18</strong>1 79,147<br />
The date of the latest general revaluation of land for rating purposes within the municipal district was 1 January 2016,<br />
and the valuation was first applied in the rating year commencing 1 July 2016.<br />
<strong>Annual</strong> rates and charges are recognised as revenues when <strong>Council</strong> issues annual rates notices. Supplementary rates<br />
are recognised when a valuation and reassessment is completed and a supplementary rates notice issued.<br />
2.2 Statutory fees and fines<br />
Infringements and costs 1,329 1,192<br />
Town planning fees 1,477 1,743<br />
Land information certificates 147 116<br />
Permits 1,685 1,532<br />
Total statutory fees and fines 4,638 4,583<br />
Statutory fees and fines are recognised as revenue when the service has been provided, the payment is received, or<br />
when the penalty has been applied, whichever first occurs.<br />
2.3 User fees<br />
Aged and health services 48 49<br />
Leisure centre and recreation 1,653 1,557<br />
Child care/children's programs 341 225<br />
Parking 87 81<br />
Registration and other permits 684 506<br />
Building services 264 252<br />
Other fees and charges 455 174<br />
Total user fees 3,532 2,844<br />
User fees are recognised as revenue when the service has been provided or council has otherwise earned the income.<br />
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