Rating

Council has considered the impact of increased valuations on ratepayers and the cost of living. In response, Council is looking to implement the following key items:

• Maintain the 10% discount rate in the dollar for Primary Production property ratepayers;
• Increase the minimum rate to $680 (+$30 / 4.62%);
• Maintain differential rates by land use category.

The proposed general rate increase is 4.80% as per the December Adelaide CPI rate as reported on 31 March 2024.

There is a proposed decrease in the rate in the dollar* of approximately 1.23% for residential, commercial, industry and vacant land. This is amongst the lowest rate in the dollar in the Limestone Coast. Based on valuation movements, the average increase in residential rates will be approx. $42.00.

Council is also proposing a reduction to the primary production rate in the dollar* approximately of 1.11%, which remains 90% of the residential rate. Based on valuation movements, the average increase in primary production rates will be approximately $183.00.

*Rate in the dollar refers to the total amount of money to be raised in general rates being divided by the total value of all rateable properties within the district. The final figure is called the 'rate in the dollar'.