There is a Section 94 Contribution Plan that has been set up by Pittwater Council to collect contributions from Developers in the Warriewood Valley, to provide funds to be spent on the facilities required by new residents in the valley.
The Plan is referred to as Section 94 Contribution Plan No 15, and can be viewed on the Pittwater web site by clicking here.
We closely follow how these funds are being spent, to ensure they are being spent on what residents in the valley really need, and we are pressing for more consultation on how we would like them spent. We are particularly concerned that these funds are not spent on items that should be funded out of general rates revenue, leaving the kitty bare when it comes to spending on the things they were originally collected for.
There seems to be a popular misconception that the Section 94 funds are developers money. This is plainly not true. The developers simply add what they have to pay as a Section 94 contribution to Council to the price they charged us for the house when we purchased it. Council are then entrusted with the money in a Section 94 fund account to spend it on our amenity, consistent with State legislation and DoP&I guidelines. These rules dictates how Section 94 funds can be levied on developers and how the funds must be spent on facilities that have a “causal nexus” in relation to the development for which the funds were collected.
As a result of a number of concerns expressed by the WRA on Section 94 expenditure, Council have recently agreed to a workshop on section 94 contributions The date is yet to be fixed, and your committee look forward to having the opportunity to discuss our concerns in more detail with Council staff. Please leave us any comments below on concerns you may have re section 94 contributions so we can include them in our discussions with Council.