Funding Impact Statement Property insurance: a ratepayer must submit a current certificate annually. General Revenue Sources There are some revenue sources which are not directly linked to an activity but are utilised by Council to assist in funding a number of Council activities either directly or indirectly. These include: Dividends and Interest from Investments ($10,299,970) The $10,299,970 total amount is comprised of Internal Loans Interest ($7,081,970), Interest on General Funds ($15,000), Interest on Investments ($540,000) and Dividends ($2,663,000). • Funded to specified Reserves for particular purposes or events (eg: Emergency Events Reserve). • Used to subsidise general type rates and charges by way of general revenue allocation. • Used to fund interest and funding costs on external borrowings. Residential Rates Postponement Scheme Petroleum Tax ($367,000) Used to subsidise general type rates and charges by way of general revenue To cover costs for this scheme, the following fees and charges are set for the 2018-19 allocation. rating year. All fees and charges will be added as either a one-off or annual charge as the case may be, to the approved applicant’s rate account. Contributions Received from Development and Subdivision Initial Charges – Charging Fees and Charges ($2,765,812) One off Unit (GST Inclusive) Are applied towards the cost of infrastructure related to the development and Application fee One-off $50.00 community facilities. Contribution to the One-off $300.00 Forestry Income ($3,000,150) decision facilitation process Currently used to fund the Forestry and Land Development reserve which is used to Annual Interest Charges fund any projects approved by Council. Interest calculated at Council’s borrowing rate on all amounts outstanding Annual Charges Administration fee Annual $50.00 Reserve fund levy Annual 0.25% 2018-2028 Long Term Plan Page 286