Discussion Paper:
One technique for determining land values, and used in conjunction with others,
is the residual method. In principle, this deducts the value of the building from the
total value of the property to give the value of the site. But because rental values
are relatively stable but selling prices are volatile, the former figure is more
reliable as a basis for the valuation.

A presentation by Tommas Graves to the HGF Library goup in March 2010, detailing the attitude of bankers to the recent monetary problems, and the efforts to get back to the same situation as quickly as possible:

\"The banking community did not seem very contrite when blamed for the credit crunch. It was as if they had no idea why they were at fault, and now we observe that their main effort is to get back to exactly the same position as before, with the attendant remuneration basis. What are we to make of this?\"

This is the constitution of the LVTC, as adopted on 14 August 1991, and amended at Annual General Meeting 29 October 2008.

Barchester District Council
The Council Tax is changing next April. The present Council Tax with bands
from A to H will be replaced by a charge based on the annual rental value of
the site on which your house or flat is built.

GLASGOW CITY COUNCIL
LOCAL TAXATION WORKING GROUP
OVERALL FINDINGS
Critique prepared by David Mills

Purpose of report:
To summarise the overall findings of the Local Taxation Working Group (‘the working
group’). This overview report draws on the findings of the reports previously considered
by the working group on individual local taxation models and has been prepared using
the scope, approach and assessment criteria previously agreed by the working group.

Report by: Bailie Jean McFadden
For: Glasgow City Council

This document is referred to and should be read in conjunction with the document:
Glasgow City Council - critique by David Mills