Hey Matthew
Yep. If the income is above your permissible, you’d need a SRV special rate or not. If a council didn’t want to do a SRV they’d need to reduce other rates to make room for the special rate within their permissible pie.
No. Having a minimum rate already in place for impacted properties should not prevent the application of a special rate, but have a think about how you are going to structure the special rate from a simplicity point of view e.g. straight ad valorem, or with base, or with minimum. I’m pretty sure there are limitations on on the maximum base amount with special rates … $2? comes to mind, but if you end up going for SRV you could get approval for a higher base that way.
Take a look pg 32-34 of Revenue Raising Manual.
Good luck with it, Cherie.
