Funding Impact Statement Combined Sewerage Scheme Rates and Combined Sewerage Rating Areas Charges $7,891,630 GST excl ($9,075,375 GST incl) An overall increase of $73,461 (GST excl) will occur (0.94%). Combined Sewerage Scheme Capital Works Rate $1,691,823 GST excl ($1,945,597 GST incl) This rate is assessed on the land value of every rating unit in the Combined Sewerage Rating Area on a differential basis and funds the Capital Expenditure and Debt Servicing costs of the combined sewerage scheme. There is a $421,937 GST excl (19.96%) decrease in this rate. On a Blenheim rating unit in the Blenheim Group area with a land value of $200,000 the rate will decrease from $153.63 to $116.35 - a rate in the dollar of 0.058174 cents GST incl. On a Havelock rating unit with a land value of $178,000 the rate will increase from $121.10 to $129.44 - a rate in the dollar of 0.072718 cents GST incl. On a Picton rating unit with a land value of $200,000 the rate will decrease from $160.56 to $143.11- a rate in the dollar of 0.071554 cents GST incl. On a Seddon rating unit with a land value of $99,000 the rate will increase from $91.44 to $101.94 - a rate in the dollar of 0.102968 cents GST incl. 2018-2028 Long Term Plan Page 276