Funding Impact Statement This charge is set to recover the net cost of operations, capital expenditure and debt Rural Awatere Metered Water Charge $492,110 GST excl servicing costs. ($565,927 GST incl) Wairau Valley Commercial Metered Water Charge This charge for metered rating units is assessed on the basis of the quantity of water $1,879 GST excl supplied to all consumers where consumption exceeds 275 cubic metres per annum. ($2,161 GST incl) This charge for metered rating units is assessed on the basis of the quantity of water The metered charge will be $2.04 GST incl per cubic metre for all usage in excess of supplied to each commercial metered connection within the Wairau Valley Water 275 cubic metres, for all consumers on the Rural Awatere Water Supply. Supply Area, subject to a minimum quarterly charge. Metered water charges are as follows: Riverlands Water Supply $301,200 GST excl ($346,380 GST incl) The minimum quarterly charge will be $140.50 GST incl and it will provide for the This charge for metered rating units is assessed on the basis of the quantity of water volume of water supplied between 0 m³ and50 m³. supplied to metered rating units, subject to a minimum quarterly charge. It funds the cost of operations, capital expenditure and debt servicing costs. The metered charge for the volume of water supplied in excess of the minimum quarterly charge volume will be $2.81 GST incl per cubic metre for all commercial A decrease of $2,322 GST excl will occur (0.77%). consumers on the Wairau Valley water supply. The minimum quarterly charge will remain unchanged at $41 GST incl and it will This charge is set to recover the net cost of operations, capital expenditure and debt provide for the volume of water supplied between 0 m³ and 56.94 m³. servicing costs. The metered charge for the volume of water supplied in excess of the minimum Rural Awatere Water Supply $739,793 GST excl quarterly charge volume will remain at $0.72 GST incl per cubic metre. ($850,762 GST incl) The following charges fund the net cost of operations, Capital Expenditure and Debt Southern Valleys’ Irrigation Scheme $626,044 GST excl Servicing costs. ($719,951 GST incl) Operating costs have increased by $56,952 GST excl (10.01%). An increase of $194,804 GST excl will occur (35.74%). This charge for metered rating units is assessed on the basis of the quantity of water Rural Awatere Water Charge $247,683 GST excl supplied to metered connections. This rate funds the net operating costs of the ($284,835 GST incl) Southern Valleys’ Irrigation Scheme. The uniform charge will increase from $430 to $520 GST incl on every separately used The metered charge will increase from $0.21816 to $0.24 GST incl per cubic metre. or inhabited part of a rating unit within the Rural Awatere Water Supply Area and any new lots created by subdivision of such rating units whether connected or not. 2018-2028 Long Term Plan Page 282