Schedule 3 Factors that may be used in calculating liability for targeted rates

s 18

1

The annual value of the rating unit.

2

The capital value of the rating unit.

3

The land value of the rating unit.

4

The value of improvements to the rating unit.

5

The area of land within the rating unit.

6

The area of land within the rating unit that is sealed, paved, or built on.

7

The number of separately used or inhabited parts of the rating unit.

8

The extent of provision of any service to the rating unit by the local authority, including any limits or conditions that apply to the provision of the service.

9

The number or nature of connections from the land within each rating unit to any local authority reticulation system.

10

The area of land within the rating unit that is protected by any amenity or facility that is provided by the local authority.

11

The area of floor space of buildings within the rating unit.

12

The number of water closets and urinals within the rating unit.

Notes:
1

For the purposes of clauses 1 to 5, 8, and 10, rating unit includes part of a rating unit.

2

For the purposes of clause 4, value of improvements is the value calculated in accordance with the following formula:

c − l

where—

c

is the capital value of the rating unit

l

is the land value of the rating unit.

3

For the purposes of clause 8, the extent of provision of a service to the land must be measured objectively and be able to be verified.

4

For the purposes of clause 12, a rating unit used primarily as a residence for 1 household must not be treated as having more than 1 water closet or urinal.