At its meeting on 26 April, Council resolved to make publicly available the data on the changes adopted in the new Rating Strategy 2022-2026, referenced as Option 5.
A printed copy of the Rating Strategy data is available at Council’s Customer Service Centres: 2 Pope Street, Bannockburn and The Well, 19 Heales Street, Smythesdale.
Following a review and community engagement in 2021, Council adopted its Rating Strategy 2022-2026 at its February 2022 meeting. Under the new strategy, the following changes are effective from 1 July 2022:
- Increase to the vacant land differential from 200% to 205%
- Increase to the farm broadacre differential from 85% to 87.5%
- Increase to the farm intensive differential from 90% to 95%
- Increase to the Bannockburn business property differential rate from 120% to 130%
- Reduction of the Municipal Charge from $310.60 to $250
For more information, visit the Rates and Valuations FAQs page.