[Wendy Robinson]

I have been asked to look at a sub category for our farmland to help with the rates harmonisation modelling.
Does anyone know what is the definition of “economic factors” in Section 529 and has any Council used this to make a sub category in farmland?

[Susan Scott]

Hi Wendy, our Council had Morrison Low assist with a review for rates harmonisation. They did an assessment of ability to pay, which was quite an eye opener.They used such things as the Index of Relative Socio-Economic Disadvantage & Index of Relative Socio-Economic Advantage & Disadvantage. They identified things like Vulnerable Groups or Individuals, based on Pensioners, Housing Stress, Trends in Cost of Living. All these things are economic factors, I guess. I hope that helps a little

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