Revenue and Rating Plan Review

Published on 02 September 2021

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Moorabool Shire Council has approved a process for an independent review its Revenue and Rating Plan for 2021/22.

Councillors approved the review at the September Ordinary Meeting of Council, last night (1/9).

The Revenue and Rating Plan is a legislative requirement under the Local Government Act 2020, and must outline how Council will distribute, levy and collect rate revenue and how other revenue will assist in delivering Council Plan and objectives.

Council voted for an independent review to occur in the 2021/22 Financial Year.

“This review will inform the strategy for the rating year 2022/23 and beyond,” CEO Derek Madden said.

“The community will have an opportunity to have input into the review and we are actively encouraging our community to have their say. There will be a number of ways the community can do this, including taking part in a range of forums in December 2021 and February 2022,” Mr Madden said.

The consultation will include:

  • Drop in sessions
  • Formal written submissions
  • Online surveys
  • Listening posts

 

Details of these sessions and how to take part in the online surveys will be published in the weeks leading up to consultation period.

Feedback from these sessions will be presented to Council in March 2022 and incorporated in the 2022/23 Budget Process.

Prior to this proposal being approved, Council had an opportunity to make a submission to the State Government’s review of rates.

As part of its submission, Council highlighted that the following changes could enhance and improve the Victorian Local Government Rating System and in turn, outcomes for Victorian communities:

1. Consideration of sensible rating reforms that enable Councils to pursue spending and rating policies that are consistent with a reasonable degree of stability in the level of the rate burden as per Section 136 of the Local Government Act. 

2. Consideration of removing the restriction of the 4 times rule or altering the application of the 4 times rule. 

3. A review of the implication of the farming rate in peri-urban areas where land speculation is driving the value of land beyond its primary use of farming.

4. Advocating for the removal of the concessional rating of windfarms/electricity generators as currently exists under the Electricity Act 2000.

5. Advocating for the increase in the Municipal Charge to assist Councils in providing a lower level of rate volatility considering the move to centralised annual valuations.

6. Advocating for an expansion in the municipal rates concessions under the State Concessions Act 2004 to apply to a broader category of Victorians.

All submissions to the State Government’s review can be viewed online:

engage.vic.gov.au/rating-review

 

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