Home' My Ballarat : July 2011 Contents City of Ballarat Community Magazine July 2011
City of Ballarat rates:
what you pay and why
As ratepayers we are all investing in the future of our city. Rates income is
essential for the deliver y of the ser vices, projects and assets that make
Ballarat such a liveable city.
Councils across Victoria have raised rates by an average of 5.5 per cent.
However, Ballarat ratepayers will see a rate increase of just 3.5 per cent.
These rates, combined with grants and other revenue, will allow Council to
deliver on community priorities while building for future growth, all within the
fiscally responsible long term financial strategy the City has set itself.
There are a number of different ways in which rates are calculated. Council
uses the Capital Improved Value (CIV) method which takes into account the
total market value of the land, buildings and improvements. The formula
for calculating rates is: CIV x rate in the dollar. This excludes any additional
charges or arrears.
Pensioners who live alone in their own home and are solely responsible for the
payment of rates and charges may be eligible for the Council Rate Waiver.
For 2011/12 the Council Rate Waiver will be $65 up from $60 last year.
To apply for the Waiver please contact Council’s Customer Ser vice Centre
on 5320 5500 or visit Council's Customer Ser vice Centre, The Phoenix, 25
Armstrong Street South.
What is the Waste Ser vice Charge?
The Waste Ser vice Charge is a set amount that all rateable properties pay
to partly cover the cost of their weekly household and fortnightly recycling
Council is charged fees to dispose of, and recycle the municipalities rubbish,
and the Waste Service Charge covers some of those fees. In 2011/12 the
Charge increased from $166 to $194, due to increases in EPA fees.
How is the valuation of my property worked out?
A professional Valuer is contracted by Council to build a profile for each
different property type based on recent sales and leasing data. This information
is then applied to individual properties, taking into account the different
characteristics of that property. Data is compiled on each Ballarat property
according to Valuation Best Practice guidelines. The data includes things
such as land area, building size, building condition, construction material,
age, available services, topography code, land usage and zoning.
Does the same rate apply to all properties?
Council applies different rates in the dollar for residential, commercial,
industrial, farm and recreational properties. For more information on these
different rates or categories visit www.ballarat.vic.gov.au or contact the
Valuation/Rates Hotline on 1300 137 370.
Will the valuation of my property change?
The State Government requires all Victorian councils to conduct revaluations
of all properties in the municipality ever y two years to ensure rates reflect
current market trends. Rates for 2011/12 will be based on valuations as
at market levels on 1 Januar y 2010 when the last revaluation occurred. The
next revaluation of properties will be carried out in early 2012.
Increased property values do not increase the total amount of money a
council collects in rates – it redistributes the amount of rates paid between
individual properties. Some ratepayers will pay more and some will pay less,
depending on the new value of their property relative to other properties in
What is a supplementary valuation?
A supplementary valuation is carried out when changes are made to the
status of a property, i.e. when buildings are altered, erected or demolished
or when properties are amalgamated, subdivided, rezoned, affected by road
construction, or when portions are sold off. Supplementary valuations are
performed as required between revaluations.
Can I object to a valuation?
Yes. For more information please refer to the back of your rate notice or
contact the Valuation/Rates Hotline on 1300 137 370.
FREE HARD WASTE
Keep an eye out in the mail for your free
hard waste disposal vouchers which will
be included with your rates notice.
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