Funding Impact Statement General Works and Services rate amounts (GST incl) set in each geographic Total Revenue sought from General Works and Services Charges in each geographic area are as follows: area (including Infrastructural Utilities) will be as follows: Geographic Area Differential Levy Levy Cents in $ Geographic Levy Levy Unit Rating (GST excl) (GST incl) (GST incl) Area (GST (GST incl) Charge Categories excl) (GST incl) Res/Rural 5,930,575 6,820,160 0.346171 Blenheim 8,828,094 10,152,308 793 Blenheim Com/Ind 3,587,087 4,125,151 1.091843 Blenheim 2,676,056 3,077,465 741 Hsty/Fsty 2,941 3,382 0.532596 Vicinity Res/Rural 6,696,021 7,700,425 0.267249 Blenheim Vicinity Com/Ind 303,295 348,789 0.509074 Picton 2,071,330 2,382,029 836 Hsty/Fsty 13,239 15,225 0.327764 Picton Vicinity 303,604 349,145 727 Res/Rural 1,613,930 1,856,019 0.468980 General Rural 2,570,197 2,955,727 540 Picton Com/Ind 687,342 790,444 0.957744 Sounds 554,355 637,508 439 Hsty/Fsty 1,464 1,684 0.590704 Admin Rural Res/Rural 341,419 392,632 0.240454 Infrastructural 28,053 32,260 597 Picton Vicinity Com/Ind Utilities 22,748 26,161 0.504145 Hsty/Fsty - - 0.306377 Res/Rural 6,417,387 7,379,995 0.272006 Debt Servicing Rates and Charges $1,102,262 GST excl General Rural Com/Ind 136,486 156,959 0.443114 ($1,267,601 GSTincl) Hsty/Fsty 2,970 3,415 0.314768 Sounds Admin Res/Rural 423,718 487,276 0.135625 Grovetown Sewerage Loan Rate $92,371 GST excl Rural Com/Ind 19,288 22,181 0.262196 ($106,227 GST incl) Hsty/Fsty 342 393 0.167228 The Grovetown Sewerage Loan Rate is calculated on the land value of every rating unit in the Grovetown Sewerage Special Rating Area in respect of which no Geographic Area General Works and contribution to the lump sum scheme was chosen to fund debt servicing costs on an Services Charges $17,031,689 GST excl interest only basis for the first year and progressively moving to a table mortgage basis ($19,586,442 GST incl) over the ensuing nine years. The loan rate will continue until 30 June 2039. A targeted Geographic General Area Works and Services rate on the basis of a fixed A decrease of $4,464 GST excl will occur amount on every separately used or inhabited part of a rating unit ensures that rating On a rating unit with a land value of $225,000 the sewerage loan rate will decrease units contribute on a uniform basis to fund the respective area’s share of the Net Cost from $1,026.01 to $1,015.81. The cents in the dollar rate is 0.451472 cents GST incl. of Operations, Capital Expenditure and Debt Servicing charges, after making provision for targeted rates and charges, general revenue and utilisation of various reserves. These charges are set differentially for six geographic areas, depending on where the land is situated; on the same basis as for the Geographic Area General Works and Services Rates. There is also a differential charge for Utilities. Overall, these charges will increase by $1,404,697 GST excl (8.99%), but there are varying impacts on the geographic areas and their differential charges. 2018-2028 Long Term Plan Page 272