Delivery Program 2009–2012 - Rockdale City Council - NSW ...

Rating PolicyGeneral OverviewIn 2009/2010, Council’s rate income will increase by 3.5 per cent, which is the rate capping limit announced by theMinister for Local Government on 3 April 2009. This increase will be applied to the following rate categories: Residential Rates (Minimum and Ordinary); Business Rates (Minimum and Ordinary); Farmland Rates; and Special Rates and Levies (Local Area Rates, Community Safety Levy and Infrastructure Levy).Details of the projected rate revenue for 2009/2010 calculated with the 3.5 per cent increase is as follows:2009/2010 Rate Revenue including the 3.5 per cent rate capping limit increaseRate TypeCategoryNo. ofPropertiesLand Value$Rate Income$Rate in the Dollaror Minimum RateMinimum Rates Residential 18,427 2,599,027,707 11,634,966 $634.84Business 431 33,774,987 260,176 $634.84Advalorem Rates Residential 18,425 2 8,300,875,790 17,735,559² 0.0021366Business 1,385 2 965,030,286 4,043,085² 0.0041896Farmland 5 2,720,000 5,810 0.0021362Safer City Program Base 38,487 n/a 149,714 $3.89Residential 36,776 10,899,903,497 152,449 0.0000140Business 1,795 998,805,273 22,366 0.0000224Farmland 5 2,720,000 31 0.0000112Asset RehabilitationProgramBase 38,487 n/a 600,782 $15.61Residential 36,776 10,899,903,497 610,242 0.0000560Business 1,795 998,805,273 89,185 0.0000893Farmland 5 2,720,000 121 0.0000446Special Rates Arncliffe 46¹ 16,292,980 16,711 0.0010257Banksia 13¹ 3,206,900¹ 1,924 0.0006001Bexley 90¹ 28,539,159¹ 29,792 0.0010439Brighton 93¹ 76,820,119¹ 81,506 0.0010610Kingsgrove 43¹ 23,557,570¹ 18,660 0.0007921Ramsgate 46¹ 18,426,750¹ 8,559 0.0004645Ramsgate Beach 45¹ n/a 9,508 $211.2945¹ 18,671,650¹ 9,537 0.0005108Rockdale 276¹ 130,172,382¹ 211,386 0.0016239West Botany 75¹ 64,839,800¹ 36,984 0.0005704Totals 38,673 3 11,893,113,068 3 35,729,053Note ¹ - These land values and property quantities are already included in the Business Category.Note ² - Adjusted for rounding and minimum rate difference for mixed development properties.Note 3 - Total number of rateable properties, and total rateable value.Note - All land values at base date of 1 July 2006.Delivery Program 2009-2012 | 29