Draft Revenue & Rating Plan

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Consultation has concluded.

Corangamite Shire is encouraging residents to have their say on how Council calculates and collects revenue.

The four year Revenue and Rating Plan outlines how Council will generate income to deliver on the Council Plan, services and capital works. The plan would also guide decision making for other revenue sources such as fees and charges.

Rates make up about 46% of Council’s annual income. This plan aims to spread the burden fairly and equitably across property owners in different categories. It recognises six differential rate categories: residential, commercial, industrial, vacant industrial, farm and cultural and recreational.

The differential rates are calculated using good practice taxation principles which consider the value of property and also the capacity of ratepayers, or groups of ratepayers, to pay.

Common income sources include landfill and transfer stations, waste management, kindergarten and childcare, pools, aged and health care services, leases and facility hire. 

Corangamite Shire is encouraging residents to have their say on how Council calculates and collects revenue.

The four year Revenue and Rating Plan outlines how Council will generate income to deliver on the Council Plan, services and capital works. The plan would also guide decision making for other revenue sources such as fees and charges.

Rates make up about 46% of Council’s annual income. This plan aims to spread the burden fairly and equitably across property owners in different categories. It recognises six differential rate categories: residential, commercial, industrial, vacant industrial, farm and cultural and recreational.

The differential rates are calculated using good practice taxation principles which consider the value of property and also the capacity of ratepayers, or groups of ratepayers, to pay.

Common income sources include landfill and transfer stations, waste management, kindergarten and childcare, pools, aged and health care services, leases and facility hire.