Calculation of Rates

Learn more about how rates are calculated.

Council has a Revenue and Rating Plan that establishes the revenue raising framework within which the Council proposes to calculate rates and charges.

The plan sets out decisions that Council has made in relation to rating options available to it under the Local Government Act 1989 to ensure fair and equitable distribution of rates across property owners.  

The plan does not set revenue targets for Council, rather it outlines the strategic framework that inform how Council will go about calculation and collecting it’s revenue, including rate policies.  A copy of the plan can be viewed here.

Rating policies also form part of Council’s annual budget and these can be found in Section 4 of Council's Annual Budget.

There are three rating categories, which are:

  • General rate
  • Farm rate, a lower rate set at 73% of the general rate and charged on properties that qualify under Council’s farm rate policy
  • Commercial/Industrial rate, a higher rate set at 143% of the general rate and charged on properties that fall under Council’s Commercial/Industrial rate policy

All properties in Victoria are now valued annually, by Valuer General Victoria.

The three values shown on your notice are:

1. Capital Improved Value (CIV)

  • Includes any improvements like houses, sheds, swimming pools, fences, orchards and pergolas.
  • Includes the value of the land (shown on the rate notice as site value).

2. Site Value (SV)

The value of the land only. It is included in the Capital Improved Value (CIV). You do not add the two together.

3. Net Annual Value (NAV)

The amount in rent that could reasonably be received from the property over 12 months. It is not used for the calculation of rates.

Dinner Plain Rates

A Dinner Plain Special Rate is applied to properties that fall under the special rate definition, in addition to the general rate.  It is applied at a higher rate of 43% of the general rate, in the same way the commercial/industrial special rate is applied elsewhere in the Shire.

The Special Rate offsets the costs of service delivery at Dinner Plain, including roadway snow clearing, winter bus service, cross country trail grooming, marketing and events and cable television maintenance.

Rate Strategy and Policies

Council's Rating Strategy and policies are part of the budget document.

The purpose of the Rating Strategy is to identify the fairest and most equitable method of distributing rates across the Alpine Shire. The rating structure includes a general rate, differential rates and a special rate.

The general rate is the cornerstone of Council's rating stucture, and is applied to every property unless the property falls into a specific differential rate category.

The differential rate policies are:

  • Farm Rate Policy - this is a reduced rate equal to 73% of the general rate, applicable to property that satisfies the criteria.
  • Commercial/Industrial Rate Policy – this rate is equal to 143% of the general rate, applicable to property that satisfies the criteria

The strategy and policies are set out in Section 4 of Council's Annual Budget.

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