In relation to each service charge, the annual budget is to include ¾

(a) details of the nature of the service for which the service charge is imposed;

(b) the objects of, and reasons for, the service charge;

(c) the amount of the service charge;

(d) an estimate of the total amount to be imposed by way of the service charge;

(e) if the service charge is to be imposed on land in a defined part of the district, a brief description identifying the area within which the service charge is to be imposed; and

(f) details of how the proceeds of the service charge are to be applied, including an estimate of ¾

(i) the amount to be applied;

(ii) the amount to be set aside in a reserve account; and

(iii) the amount to be applied from the reserve account.