Council rating strategy set to change
Published on 29 May 2017
Gannawarra’s Proposed 2017/18 Budget is set to determine a change in the rating strategy.
Mayor Brian Gibson said Council is seeking to transition to a fair and equitable strategy over four years.
"Council’s proposal seeks to move towards a single, uniform rate for all ratepayers over the 4 year term of Council," Mayor Gibson said.
Currently Council has 4 main rating categories and for every $100,000 that a property is worth, you pay:
|
Rate Type
|
This Year
|
Next Year
|
|
Residential
|
$635.60
|
$645.40
|
|
Commercial / Industrial
|
$670.20
|
$672.40
|
|
Farm Irrigation
|
$636.30
|
$645.40
|
|
Farm Dryland
|
$501.00
|
$538.90
|
"Over the next 4 years Council will slowly reduce the 20% rate subsidy that Dryland farmers have had over many years, so that all rate categories are rated the same. In 2017/18 this would see the 428 dryland farm properties in Gannawarra, with the median value being $391,000, incurring an increase of around $148," Mayor Gibson explains.
Based on the State Government imposed rate cap of 2%, Council will collect an additional income of $195,000 this year from across these 4 rate categories, inclusive of the $100 municipal charge.
|
Rate Type
|
This Year
|
Next Year
|
% Proportion
|
|
Residential
|
$5,672,000
|
$5,754,000
|
55%
|
|
Commercial/Industrial
|
$869,000
|
$873,000
|
8.5%
|
|
Farm Irrigation
|
$2,532,000
|
$2,567,000
|
25%
|
|
Farm Dryland
|
$1,116,000
|
$1,199,000
|
11.5%
|
The costs for rubbish and green waste collection remain as an additional charge, only applicable to those that receive the service.
It was pleasing to receive a number of submissions from the community in relation to the Draft Council Plan and Proposed Budget. People who requested to do so will have the opportunity to speak to their submission at a Special Meeting of Council on Tuesday 13 June at 1.00pm in the Kerang Council Chambers.
Council will then consider the adoption of the Proposed 2017/18 Budget and Council Plan at its Ordinary Meeting to be held on Wednesday 28 June 2017 commencing at 7pm in the Council Chambers, 47 Victoria Street, Kerang.
…ENDS…
Date: 29 May 2017
Media contact: Katrina Thorne T. 03 5450 9333 M. 0409 616 627