Why are Development Contributions required?

Council's required to have a development contributions policy as part of a package of funding and financial policies under the Local Government Act 2002. These policies provide predictability and certainty about sources and levels of funding.

Certainty for who? Developers will know what they are paying for and will know that Council can give them the infrastructure needed to support their investments. The existing community will know that it will not be burdened by the costs of growth but that it will be contributing to that part of any growth-related infrastructure that improves its own levels of service or renews aging assets.