For most properties your total rates will be made up of three parts – a charge based on the property’s rating differential (council rates), the Emergency Services and Volunteers Fund (ESVF) levy, and a waste charge or charges.
The council rates of a property are determined by multiplying its Capital Improved Value (CIV) by a rating differential.
The waste charge is one (or more) fixed charges, depending on whether the property is vacant, improved, or has access to kerbside collections.
The rating differentials and waste charges are determined by council as part of its budget process, the total amount of rates that council can raise is governed by a Rates Cap that is set by the Victorian Government.
The ESVF levy is typically made up of two parts, a fixed charge and a variable portion that is calculated based on the property’s CIV. These amounts are set by the Victorian Government – council acts as a collection agency and does not receive any revenue from these charges.
More information about these charges can be found below.