Rates

As a Council, we are committed to ensuring that you understand how your Rates and Charges are calculated.

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Click on the image above to view the brochure distributed with the 2020/21 Rates and Valuation Notice and some commonly asked questions are below. If you still have questions about the calculation method for your property, please make contact with us.

How does Council determine my valuation? I haven’t improved my property recently! Property valuations are determined by independent professional valuers who are appointed by the Valuer General Victoria. The value is determined by actual sales of similar properties in our area. If the property market sees properties for selling for high or low prices the sales will be reflected in the next valuation cycle.

Do I have to accept this valuation? No, if you feel the valuation is inaccurate or unreasonable you can make an objection to the valuation. It is a simple process, however has strict timelines attached under legislation. Ratepayers are able to object to their valuation within 60 days of receiving their Annual Rates Notice. Further information is located here.

What are my rates paying for? Rates help to fund infrastructure and services such as the maintenance and renewal of local roads, street lighting, drainage and footpaths, as well as maternal and child health, aged care and environmental health. Council contributes to the maintenance and upkeep of playgrounds and other community infrastructure and also contributes to the Economic Development and Tourism services within the Shire.

So, if valuations are increasing that means Council is making more money. That’s not fair! The State Government ‘Fair Go Rates’ System means Councils are restricted from increasing their overall rate revenue by no more than the annual CPI cap. The cap applied to overall rate revenue collected by each Council, not individual properties.

Does everyone pay the same Rate in the Dollar? At Pyrenees Shire Council we have a Rating differential Scheme that applies different rates to each property based on what it is being used for. The Rating Strategy sets out the “rules” around each differential to ensure it is transparent and equitable for each property owner.

Every year Council determines how much revenue is required to be raised by rates, and divides this across the total values of all rateable properties to establish a general rate. The differentials are a percentage of this general rate.

The rate in the dollar is then applied against each individual property value to calculate how much each property owner pays.

Rating categories for the 2019/20 year are:

Type

Cents in $ on CIV  

Vacant Land - Rural /Residential - Less than 2 Ha

 1.0535

Vacant Land - Between 2Ha & 40ha

 0.8343

Vacant Land - Greater than 40Ha

 0.5562

Houses, Flats etc

 0.3559

Commercial (including shops, offices and factories)

 0.3915

Industrial

 0.3915

Farms (all types)

 0.2634

 Cultural & Recreational Land Act Properties *

 0.1780

* Properties that are classified as Cultural & Recreational Land have been granted a 50% rebate on the cents on the General Rate, as above.

What are these other charges on my Rates Notice? FSP…what? Council also charges a charge for waste services provided. These services include having your waste collected from your property, the use of Transfer Stations and environmental levies that Council is required to contribute to.

 After the tragic events of Black Saturday in 2009, the Royal Commission looked to change how the fire authorities were funded. In 2013/14 Council was made the responsible authority to collect the Fire Services Property Levy (FSPL) to ensure that all property owners were contributing to the fire authorities, not just those who had household insurance. This charge is set by the State Government and is not subject to the Rates Cap. Council is only the collection agency for this money, and it is passed along to the State Revenue Office quarterly.

I am experiencing some troubles in paying – can we work something out? Of course we can – our team are here to assist you. Give them a call and we will come to an arrangement that works for everyone. All information is kept confidential.

Can I have a say on the future of how Rates are distributed? Of course, we would love to hear from you!!! Council will also be reviewing its Rating Strategy prior to June 30, 2021 and will be conducting public consultation during the process! We welcome all feedback regarding the proposals, and take it on board where we can. In 2018 we made a number of changes to the previous Rating Strategy based on public feedback and wish to further refine this in 2020!

Council does not currently levy a Municipal Charge.

When are my rates due? Rates can be paid annually by a lump sum or by instalments. If paying in full, payment must be received by 15th February. Ratepayers wishing to pay by instalments need to have the first instalment paid by 30th September. If not, all monies become due by 15th February.

Instalments

The option to pay by instalments is only exercisable prior to the due date for payment of the first instalment.

For those paying their rates by instalments, the due dates are:

1st Instalment - 30th September

2nd Instalment - 30th November

3rd Instalment - 28th February

4th Instalment - 31st May

Unpaid rates will incur interest at 10.0%.