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Schedule 1 – Number of assessments

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  • March 16, 2015 at 11:29 am #20297
    Emma Murphy
    Participant

      Inverell Shire

      Just a query regarding schedule 1 of the SOC, we maintain a rates book for valuation changes throughout the year, should we also maintain for the number of assessments??

      For example if we had a ‘supplementary entry’ that decreased the number of assessments do we maintain this in our Schedule 1 calculations???

      March 16, 2015 at 1:24 pm #20299
      Robert Hay
      Participant

        The Hills

        Hi Emma

        Please find below copy of note contained in schedule 1.
        Note: Total assessments should approximate (but generally NOT equal) the number of assessments at Schedule 2. Any significant difference should be explained. All valuations included here must be included in Council’s Valuation list on 30 June 2013 or have been provided by the Valuer General’s estimates in Workpaper 1.
        You should definitely maintain your number of assessments.

        March 23, 2015 at 12:17 pm #20298
        John Towers
        Participant

          Life Member

          Hi Emma,

          Yes. The simple answer is that the number of assessments in Sched 1 should equate to the number of assessments in the rate file.

          JT

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