[nucleo]

Good Afternoon

Please click on the link below for the Draft Submission prepared by Revenue Professionals for review at the meeting to be held at Campbelltown Council at 1.00pm on Friday 6th May 2016. If you cannot make the meeting and wish to provide comment you can do so here.

Draft Submission – Review of Local Government Rating

[Michael Olthof]

Good morning – I will not be able to attend, so just wanted to make comment on the issue of UV vs CIV for assessing rates.

From the IPART review document it appears the main reason to move from UV to CIV surrounds the rating of multi-unit dwellings, where the low UV of these leads to inequitable rates assessments. In my view this could still be addressed by retaining UV but expanding the sub-category for Residential to allow a different rate to be applied to units (i.e a higher res rate). This would retain the efficiency and simplicity of UV and avoid the costs of implementing CIV. Additionally, I imagine CIV would require more effort from council to capture and record improvements to properties.

We need to determine how more complex and costly we want to make the administration of council rating, given the relatively low amount of the average annual rates assessment.

Regards, MO.

[Ken Bakon]

Just to add to Michael’s post. If the inclusion of a new category for strata units is an option instead of using CIV, this category could be expanded to include any multi-occupied property. That could then include residential flats, company title flats, dual occupancies, granny flats, DOH multi tenanted properties, etc. In other words heading down the rating by occupancy path instead of parcel of land.
Ken

[John Towers]

I’m not sure that the possible move to CIV is quite that simplistic.

My understanding is that ALL properties of the same value would make the same rating contribution whether they be houses or units. Why shouldn’t they?

Also I’m not sure that MUD’s etc could be captured in a proposed SP sub category however CIV would capture them. The concept of the ability for rating by occupancy has been discarded from my readings & discussions with authorities.

In regards to business properties major shopping centres, to the best of my knowledge, have minimal if any LV increase each cycle, yet we read in the papers the enormous values they are sold for. Under the current rating structure if Councils don’t subcategorise them their rating contribution decreases each GVal. Again why shouldn’t their capacity to pay be recognised?

[nucleo]

Good Afternoon

Please click on the link below for the Revenue Professionals Submission to IPART.

Review of the Local Government Rating System -Issues Paper Submission

 

 

[Author]

Posts