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Example Rates Notice

Bega Valley SHire Council example rates notice that points out the components that are affected by land revaluations

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Ben Smyth
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3K views1 page

Example Rates Notice

Bega Valley SHire Council example rates notice that points out the components that are affected by land revaluations

Uploaded by

Ben Smyth
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Example rates notice that

points out the components


that are affected by land
revaluations

This is the factor that would halve if all


This is your unimproved land value that land values doubled equally across the
is determined by the Valuer General. Shire and there was no SRV.
If this amount doubled for all rate
payers but there was no SRV then the
multiplication factor to the right would
halve to give the same amount. This is the ad valorem dollar amount.

If an SRV is approved the overall general rates income that Council can collect will
increase. Council will use a mixture of an increased base rate for all categories and ad
valorem to obtain the additional income.

Changes in land values do not impact how much Council is allowed to collect in
general rates overall.

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