City of Brisbane Regulation 2012
sec.185Revenue policy
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sec.185 Revenue policy
The council’s revenue policy for a financial year must state— the principles that the council intends to apply in the financial year for— levying rates and charges; and granting concessions for rates and charges; and recovering overdue rates and charges; and cost-recovery methods; and if the council intends to grant concessions for rates and charges—the purpose for the concessions; and the extent to which physical and social infrastructure costs for a new development are to be funded by charges for the development. The revenue policy may state guidelines that may be used for preparing the council’s revenue statement. The council must review its revenue policy annually and in sufficient time to allow an annual budget that is consistent with the revenue policy to be adopted for the next financial year. (sec.185-ssec.1) The council’s revenue policy for a financial year must state— the principles that the council intends to apply in the financial year for— levying rates and charges; and granting concessions for rates and charges; and recovering overdue rates and charges; and cost-recovery methods; and if the council intends to grant concessions for rates and charges—the purpose for the concessions; and the extent to which physical and social infrastructure costs for a new development are to be funded by charges for the development. (sec.185-ssec.2) The revenue policy may state guidelines that may be used for preparing the council’s revenue statement. (sec.185-ssec.3) The council must review its revenue policy annually and in sufficient time to allow an annual budget that is consistent with the revenue policy to be adopted for the next financial year.
- (a) the principles that the council intends to apply in the financial year for— (i) levying rates and charges; and (ii) granting concessions for rates and charges; and (iii) recovering overdue rates and charges; and (iv) cost-recovery methods; and
- (i) levying rates and charges; and
- (ii) granting concessions for rates and charges; and
- (iii) recovering overdue rates and charges; and
- (iv) cost-recovery methods; and
- (b) if the council intends to grant concessions for rates and charges—the purpose for the concessions; and
- (c) the extent to which physical and social infrastructure costs for a new development are to be funded by charges for the development.
- (i) levying rates and charges; and
- (ii) granting concessions for rates and charges; and
- (iii) recovering overdue rates and charges; and
- (iv) cost-recovery methods; and