Wodonga Council
Draft Rating Strategy

Page URL: https://www.wodonga.vic.gov.au/Have-your-say/Past-Consultations/2019/Draft-Rating-Strategy

Draft Rating Strategy

 /  Have your sayPast Consultations2019Draft Rating Strategy

Draft Rating Strategy


Closed
22
Feb

Consultation closed on Friday, February 22.

A rating strategy is the process by which a Council systematically considers the factors of importance that inform its decisions about the rating system. The rating system determines how a Council will raise money from properties within the municipality. 

It does not influence the total amount of money to be raised, only the share of revenue contributed by each property. The rating system comprises a valuation base and actual rating instruments that are used to calculate an individual property owners’ liability for rates.

A rating strategy comprises a number of components including the following.

  •     A review of rationales and objectives
  •     Related research
  •     The development of definitions
  •     Rate modelling
  •     The development of required documentation
  •     Opportunity for public review/consultation
  •     Results of comments received

Council last reviewed its rating strategy in 2015 with the implementation of most recommendations from that review commencing in the 2015-2016 Budget.

In May last year, the council commenced a process for the 2019-2020 review of the strategy.

A Rating Strategy Reference Group was formed to provide input and feedback on the current strategy in the form of a report. The group was made up of ratepayers representing different sectors of the community as well as councillors and council staff.

The recommendations of the group formed an update to the strategy.

The only change proposed to the current differentials is an increase of the differential for Development Use Land from 1.00 to 2.00 over a two-year period (1.50 in 2019-2020 and 2.0 in 2020-2021).

February 22, 2019

This consultation has closed. Thank you to everyone who had their say.

January 22, 2019

The Draft Rating Strategy is now out for public consultation.

Submissions can be made online (using the online form below), by e-mail or phone.

Written submissions must be clearly marked as '' and will be received up until . They can also be sent by:

Document Library
Life Cycle
  • Open

    This consultation is open for public comment and contribution from January 22 to February 22.

  • Under review

    Contributions to this consultation are closed for evaluation and review. The project team will report back on the key outcomes.

  • Final report

    The final outcomes of the consultation are documented here. This may include a summary of all the contributors collected.