they are separated out and a differential category of UV-Mining be established. This will allow council to consider a separate rate in the dollar and/or minimum for mining rates if it wishes to. GRV valuations are likely to remain unchanged as there has been no revaluation this year. The state and national economies are struggling at present and whilst some costs are increasing inflation is at a low rate. The Annual CPI to the December quarter is 1.5% Australia wide and 0.4% for Perth. Obviously local farmers and businesses are facing harsh economic times with the fall out form the February flooding. With this in mind the administration is suggesting an increase in rate income for the 2017/18 financial year of approximately 2%. This is lower than that outlined in the long term financial plan (5.5%) but is one that the administration believes will allow the current level of services and facilities to be maintained and an increase more acceptable to the community. The rates in the dollar proposed for 2017/18 are outlined below and a full comparison showing 2%, 3% and 5% increases are in the attachment: 2016/17 RATE 2017/18 RATE RATING CATEGORY Cent in $ Cent in $ GRV Residential 10.6766 10.8901 GRV Commercial 11.9890 12.2287 GRV Industrial 14.1370 14.4197 GRV Transient Worker Camps 29.5400 30.1308 29.5400 30.1308 GRV Short Stay Accommodation UV 1.0676 0.9620 UV - Mining 1.0889 Minimum all categories $920.00 $938.40 – It is proposed that the minimum rate charged in 2017/18 be increased by approximately 2%. Consultation: No community consultation has been undertaken but will be once adopted by Council as required by section 6.36 of the Local Government Act 1995. The Minister for Local Government will need to ratify any different rating to be applied. Statutory Obligations: Sections 6.33, 6.35 and 6.36 of Government Act 1995. Policy Implications: Nil
they are separated out and a differential category of UV-Mining be established. This will allow council to consider a separate rate in the dollar and/or minimum for mining rates if it wishes to. GRV valuations are likely to remain unchanged as there has been no revaluation this year. The state and national economies are struggling at present and whilst some costs are increasing inflation is at a low rate. The Annual CPI to the December quarter is 1.5% Australia wide and 0.4% for Perth. Obviously local farmers and businesses are facing harsh economic times with the fall out form the February flooding. With this in mind the administration is suggesting an increase in rate income for the 2017/18 financial year of approximately 2%. This is lower than that outlined in the long term financial plan (5.5%) but is one that the administration believes will allow the current level of services and facilities to be maintained and an increase more acceptable to the community. The rates in the dollar proposed for 2017/18 are outlined below and a full comparison showing 2%, 3% and 5% increases are in the attachment: RATING CATEGORY 2016/17 RATE Cent in $ 2017/18 RATE Cent in $ GRV Residential 10.6766 10.8901 GRV Commercial 11.9890 12.2287 GRV Industrial 14.1370 14.4197 GRV Transient Worker Camps 29.5400 30.1308 GRV Short Stay Accommodation 29.5400 30.1308 UV 1.0676 0.9620 UV - Mining 1.0889 Minimum – all categories $920.00 $938.40 It is proposed that the minimum rate charged in 2017/18 be increased by approximately 2%. Consultation: No community consultation has been undertaken but will be once adopted by Council as required by section 6.36 of the Local Government Act 1995. The Minister for Local Government will need to ratify any different rating to be applied. Statutory Obligations: Sections 6.33, 6.35 and 6.36 of Government Act 1995. Policy Implications: Nil
minutes_april__2017_.docx