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SOUTH WAIRARAPA DISTRICT COUNCIL
20 SEPTEMBER 2017
___AGENDA ITEM C7REMISSION OF RATES POLICY (M900) REPORT
___Purpose of Report
To inform Councillors of the recent review of the Remission of Rates
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Rates submissions fall on are standardized forms or documents submitted by organizations or businesses to report their proposed rates for services or products they intend to offer.
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Organizations and businesses that provide regulated services or products and are subject to oversight by regulatory bodies are required to file rates submissions.
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To fill out rates submissions, organizations must provide detailed information about their proposed rates, methodologies used to determine these rates, and any relevant supporting data to justify their proposals.
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The purpose of rates submissions is to ensure transparency, promote fair pricing, and enable regulatory authorities to review and approve rates based on compliance with established guidelines.
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Information that must be reported includes the rates proposed, the rationale for those rates, supporting calculations, historical rate data, and any relevant market analysis.
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