5.7 Matters Affecting the Viability of Local Governments As can be seen from the following tables, both provided by the City of Cockburn, the total net yearly rates for the area in question is $8,988,767. Table 7 provides a financial comparison between Cockburn and Fremantle. Table 6: Rating income analysis for all categories of rates 2016-17 Impacted Area: Hamilton Hill and North Coogee without Port Coogee. Hamilton Property Valuation Rates Total Improved Net Rates Hill / North No. Minimum Rates Residential Total $ $ Coogee Rates Concession $ $ $ $ Improved 107 5,475,832 411,304 2,232 413,536 0 413,536 Commercial Improved 99 5,833,440 432,136 10,416 442,552 0 442,552 Industrial Improved 5,139 100,134,664 4,159,805 3,655,974 7,815,779 206,753 7,609,026 Residential Vacant 9 912,650 84,519 2,976 87,495 0 87,495 Commercial Vacant 17 1,694,000 159,084 0 159,084 0 159,084 Industrial Vacant 213 2,658,421 198,954 78,120 277,074 0 277,074 Residential Total 5,584 116,709,007 5,445,802 3,749,718 9,195,520 206,753 8,988,767
5.7 Matters Affecting the Viability of Local Governments As can be seen from the following tables, both provided by the City of Cockburn, the total net yearly rates for the area in question is $8,988,767. Table 7 provides a financial comparison between Cockburn and Fremantle. Table 6: Rating income analysis for all categories of rates 2016-17 Impacted Area: Hamilton Hill and North Coogee without Port Coogee. Hamilton Hill / North Coogee Property No. Valuation $ Rates $ Minimum Rates $ Rates Total $ Improved Residential Concession $ Net Rates Total $ Improved Commercial 107 5,475,832 411,304 2,232 413,536 0 413,536 Improved Industrial 99 5,833,440 432,136 10,416 442,552 0 442,552 Improved Residential 5,139 100,134,664 4,159,805 3,655,974 7,815,779 206,753 7,609,026 Vacant Commercial 9 912,650 84,519 2,976 87,495 0 87,495 Vacant Industrial 17 1,694,000 159,084 0 159,084 0 159,084 Vacant Residential 213 2,658,421 198,954 78,120 277,074 0 277,074 Total 5,584 116,709,007 5,445,802 3,749,718 9,195,520 206,753 8,988,767