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Councils regularly undertake comprehensive reviews of their rating policy settings. These major initiatives arise from the following:
In some cases the computer, decision support and other more flexible tools to fully manage this complex exercise are 'just not up to it'.
Often this area of rates calculation is poorly supported within:
These circumstances inevitably result in poor outcomes - that is:
Absent also from these 'ad-hoc' attempts are any 'Nice to have features' of a full and flexible rating policy system (including for example a screen/PowerPoint display of 'what if' solutions to support Council Workshops and the like).
If this description in any way mirrors your Council's own circumstances the 'RCT' is for you .
The RCT is a Excel workbook, which walks the operator through the rating calculation process. The following is a feature list of the RCT process followed by the structure and layout of the RCT worksheets.
The following is a description of the Worksheets that make up the Excel Workbook.
The RCT variables are set up at the beginning of each year. They are used for column headings and calculations
The RCT factors are extracted from the council’s rates ledger. This sheet itemises the activities and the billable ratepayer count against each activity. There is also provision for setting various differentials’ and their weightings.
This worksheet shows the activities that require funding from Rates, the Rating Tool and the Urban/Rural Liability Split.
Funding requirements comparison with the previous year.
Allocation of funding requirements to Activities taking into account Doubtful Debts and GST.
The information on this worksheet summarises the 'new' rates results and gives an understandable summary for the Rates Ledger Operator to use as input for the next years rates.
This worksheet shows the new rate amount that will be charged to selected properties as well as the Increase/Decrease from the previous year. It also highlights properties that suffer increases/decreases outside a selected (e.g. 5%) range.
This worksheet shows compliance to the 30% UAGC Rule.
The Rating Calculation Tool handles all rating policy and calculation issues/processes for New Zealand Councils.
If you seek the peace of mind so essential to the often risky business of calculating and setting your rates then contact us for a no obligation on-site case study based demonstration of our Rating Calculation tool.
Policy determination, which includes:
Rates Calculation Tool, which includes
|After Sales Service||
Reasonable disbursements, travel, accommodation and GST are not included in the above.
If what you have read here is of interest to you, then the next step is to contact us . We will then send you a fuller description of the product, which includes sample screen shots, and reports.