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Calculation of Reimbursement Costs for NRM Levy

As you will be aware, Regulation 4C of the Natural Resources Management (Financial Provisions) Regulations establishes a scheme for recovery of costs by Councils for their contribution to the regional Natural Resources Management (NRM) Board’s natural resources management in the region. The Regulations provide for the reimbursement of both establishment costs and ongoing costs for the collection of an NRM levy. The amount that can be claimed is indexed each year in line with CPI. 

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Cash Advance Debenture Rate - LGA Circular 27.9

Chapter 10 of the Local Government Act 1999 (Rates & Charges), includes use of the Cash Advance Debenture Rate. The LGA has been advised by the Local Government Finance Authority (LGFA) that the Cash Advance Debenture Rate as at 1 July 2019 is 3.35%.

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