Richmond Valley Council is governed by the provisions of the Local Government Act 1993. Section 8 of the Local Government Act 1993 outlines Council’s charter and provides for Council to 'raise funds for local purposes by the fair imposition of rates, charges and fees, by income earned from investments and, where appropriate by borrowings and grants'. Revenue policies are part of Council’s Operational Plan and provide details of the following in accordance with Clause 201 of The Local Government (General) Regulation 2005:
- Estimated Income and Expenditure
- Ordinary rates and special rates
- Proposed fees and charges
- Proposed pricing policy/methodology
- Proposed borrowings
In accordance with Clause 205 of The Local Government (General) Regulation, the statement of fees and structure of the pricing methodology does not include information which could confer a commercial advantage on a competitor of the Council.