Intention to set 2024/2025 rates again
Notice is herewith given in terms of S.119 of the Local Government (Rating) Act 2002 of Council’s intention to set the general rate for 2024/25 again.
Such action will replace the general rate set by Council on 27 June 2024 and is prompted by the fact that a mistake had been made in preparing for the 27 June 2024 decision.
This mistake did not impact the total rate requirement as signalled, but it did create inconsistencies amongst the nine different rate categories, causing some to be higher than they should be and some lower. This is highlighted in the following table:
Rating category | 24 June 2024 differential | Intended differential |
Residential 1 | 0.0124682 | 0.0117307 |
Residential 2 | 0.0104474 | 0.0089192 |
Residential 3 | 0.0086268 | 0.0050231 |
Rural Residential | 0.0023011 | 0.0021304 |
Rural | 0.0056101 | 0.0055896 |
Commercial 1 | 0.0199459 | 0.0213692 |
Commercial 2 | 0.0218646 | 0.0225684 |
Commercial 3 | 0.0031611 | 0.0209795 |
Farming/Forestry | 0.0013102 | 0.0026097 |
Council intends re-setting the rate for the following reasons:
- to correct the mistake
- to address the inconsistency between rate categories
- restore equity and fairness
An Extraordinary Meeting of Council will be held on Tuesday 13 August 2024 for the re-setting of the rates.
Given that this notification process may impact the first rates instalment date of 20 August 2024, Council intends also changing this date to 20 September 2024.
