What is the draft 2014/2015 Annual Plan? It sets out what our Council is proposing to achieve the 2014/2015 financial year. It outlines the costs, and how we will pay for the delivery of our activities and services, as well as how we will measure our performance. The Annual Plan does not focus on the role, scope, service levels and priority of Council activities. These 'wider' strategic matters are dealt with through the Council's Ten Year Plan, which was adopted in June 2012. The next Ten Year Plan will be prepared for 2015/2016. Why have an Annual Plan? We're required under the Local Government Act 2002 to have an Annual Plan which provides a detailed annual budget as well as identifying any variations from the Ten Year Plan (reviewed every three years). How Can I Have My Say? We have prepared a submission form to assist you with this, and whilst we encourage you to use the form you don't have to. Submissions close at 4pm Friday 04 April 2014. If you have sent in a written submission you can also choose to present it at a meeting called a Hearing. At one of these meetings your elected members will listen to you present your submission in person. If you don't want to present your submission at a Hearing, that's okay too. Your elected members will receive a copy of every submission to read as well. All members of the public are welcome to attend the Hearings to watch the proceedings. Are there any special issues I should be aware of? We strongly encourage you to read at least the summary document. We would direct your attention to pages 7 to 12 for an overview of what's we're proposing for the 2014/2015 year. This section provides an overview of some of the major projects we are considering in the 2014/2015 draft Annual Plan. This section also provides a financial summary overview of your rates and other key concepts that we would like your feedback on. The Following pages - Anchor Projects also outline three major projects we are looking to undertake over the 2014/2015 year and beyond. We have listed to feedback from last year's Annual Plan (2013/2014) for which feedback received was supportive of the concepts for 1) Coromandel Great Walks, 2) Coromandel Harbour Facilities Project and 3) Hauraki Rail Trail - Kopu to Kaiaua. We are progressing these projects into the 2014/2015, for further information please go to pages 13-15 of the Annual Plan and 8-9 of the Summary Document. We are also proposing a number of new rates remission policies which can be found in the Draft Annual Plan on Pages 122-154 and in the Summary document on pages 6 and 7: Miscellaneous Rates Remission (see earlier agenda item) Rates Remission for Emergency Services and Lease Policy Amendment Remission for Multi Units for Slid Waste Charges Remission for Council initiated Re-zoned Land We also propose changes to our Revenue and Financing Policy to address issues with growth related debt: Funding a shortfall in Interest on Additional Capacity Loan Changes to Economic Development Fundin Setting the Rates and District Plan Review. How Will This Impact On My Rates? To get an indication of what you rates are likely to be for the 2014/2015 year access our rates calculator and enter your property details. The District wide average rate requirement is calculated as the total rates revenue we need, divided by the total number of rating units. Whilst an indicator for the cost of our business, the 'average rate' is not the most accurate indicator of what your individual rates bill will be because every property is different What about debt? As for debt, we constantly hear that our debt is excessive. So we'd like you to compare a snapshot of surrounding Councils as at June 2013. You can see for yourself (table above) that we've succeeded in keeping debt per property lower than surrounding Councils. So the good news from this Annual Plan is that we're in good shape for the future. We now just need to see whether you agree with our draft plan and the ways we plan to build on the feedback we received last year from public submissions in boosting the local economy.