| The State Government will issue a new Shire valuation at the end of March
2005. |
| This will only affect rates after 1 July 2005. |
| By law, Council’s role in this valuation is limited to paying for it
(around $50,000 annually) |
| It is likely that some Shire valuations may increase substantially for
2005/2006. |
| In previous years, Council has taken overall valuation changes within each
of its rating categories into account in setting its general rates. |
| As an example of Council’s approach, say there are 3 properties in a
rating category and the State Government values them at $50,000 each. The
annual rates might be 1% of the valuation. This means that Council collects
$500 in general rates from each of the 3 property owners. |
| The next year, if the Government revalued these properties to $100,000
each, Council could collect the same $1,500 by halving the rate per dollar of
valuation (ie 0.5%). |
| Esk has 7,540 rateable properties so the true picture in prior years has
been more complicated. |
| Property valuations in 2003 increased or decreased by a wide variety of
percentages throughout the Shire. Many properties had no change in valuation. |
| In 2003, people whose valuations went up by more than average
generally had a greater than average rate increase. People whose valuations
went up by less than average generally had a lower than average rate
increase. |
| For those properties where the valuations remained the same or decreased,
some ratepayers actually paid less rates. |
| Following the 2003 revaluation, homeowners in Mt Hallen (near Esk) and
some farmers in Brightview (south of Lowood) had rate reductions. Property
owners in Mt Stanley (in the far north of the Shire) and Glamorgan Vale (in
the south of the Shire) whose valuations went up substantially had rate
increases of between 6% and 9%. |
| The Government recognises problems with its valuation system and allows
councils to split up their rate bases into categories where properties have
similar characteristics. |
| Council believes it can have more control over rate changes in the face of
volatile official valuations by having more rating categories. |
| Council has increased the number of its rating categories since 2001 from
4 to 10. |
The new valuations will be mailed directly to property owners by the
Queensland Department of Natural Resources, Mines and Energy. This Department
will also give copies of the valuation roll for Council to display at its
offices and should provide an objection period.
Office
of Urban Management website
Draft South East Queensland Regional Plan
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future of South East Queensland - tell us what you think about the Draft
Regional Plan.
Council's Meeting Dates for 2005
Council's Annual Report for
2003/2004
Council's Financial
Statements for 2003/2004
Budget Attachment to Ordinary Minutes of meeting
of 28 July 2004