Accounting for financial and development contributions

1. That the Council approve the creation of special funds to accept the contributions for network or community infrastructure capital expenditure for items 1–6 listed below from 1 July 2003:
   
1. Cost share contributions for drainage schemes.
2. Subdivision contributions for roading.
3. Wastewater reticulation capacity upgrade fees.
4. Wastewater CWTP capacity upgrade fees.
5. Cost share contributions for wastewater.
6. Cost share contributions for water supply.
   
2. That authority be delegated to the Director of Finance to establish appropriate special funds to accept any additional cost sharing schemes or contributions in the future.

Authorising Unit: Strategy Support

Last reviewed: Thursday, February 18, 2010

Next review: Wednesday, August 18, 2010

Keywords: policies