Growth Screen

Growth undertakes the works necessary to provide additional Capacity to cater for Growth at the defined Level of Service.

An agreed upon measurement of the amount of, or quality of service an organisation is expected to supply to its customers. For example, housing is expected to be safe. This could be measured by answers to questions such as "Are there security latches on the windows?", "Are smoke detectors fitted in all bedrooms?" and "Is there an alarm system?". To meet the minimum level of service there must be window latches, the next level of service would include smoke detectors and the highest level of service would include alarm systems. There is a higher cost burden required to achieve each higher level of service. See also Performance.

Based on the defined Level of Service, Capacities are the measures that describe the existing capacity, existing demand and the the total Capacity to be provided by the Project.

For each project the DC charge for each incoming HUE will be assessed as the growth cost/ the number of incoming HUE's from year 1 to the end of the funding period for that project, including allowance for timing of expenditure, credit and debt interest, incoming population trends, etc. The "growth charge" will be determined based on the assumption that at the end of the funding period the remaining debt will be zero.

Residential and business uses are both charged DCs. To ensure an equitable assessment of the charges it is necessary to express the residential and business demands in a common unit. This common unit is the Household Unit Equivalent (HUE). The growth model is adjusted to report both residential and business demands in the common unit, HUE.

Development Contributions (DCs) are all about money. They are a source of income for council to fund capital works that are necessary to continue to supply the community with a level of service.

DCs are a means of fairly charging the additional costs of growth projects, to those who create the need for growth.

The growth charges are based on the Growth output from Cost Allocations and the incoming units of demand derived from the Growth Model.

The growth model will assess changes in the residential and business communities. Residential changes will be measured as population or dwelling numbers. Business changes will be measured as gross floor area (preferred) or employees. Large businesses may be measured on actual and projected demand.

The growth model will present the growth in at least each five year period (recommended to be each year up to the end of the LTCCP) by planning units in the community. A number of these planning units will be combined to make up the contributing Catchments for DC charging purposes.

Field	Description

units of demands	Units as derived by the Growth Model.
new arrivals	The number of units allocated to the incoming population.
dc charge	A calculated rate on which costs will be based.
	The calculated rate will display in orange.
	Once this screen has been saved, the rate will display in black and will be saved to the database.
balance forward	The closing balance from the previous year.
annual capex	The inflated growth cost weighted across each project year.
credit/debt	balance forward + annual capex
interest	Calculated interest based on the debt or credit rate defined in Settings, and the credit/debit amount.
	The debt rate will be used for a -ve credit/debit amount.
dc income	Income based on the dc charge.
closing balance	Closing balance, calculated from credit/debt + interest - dc income
	backlog funding start backlog funding end growth funding start growth funding ends	project start year project end year + dc period project estimated year design capacity year
		But, never less that the first dc schedule year + 10 years AND never greater than year of last spend + Treasury funding period.