Rates notices on the way

THE annual Derwent Valley Council rates notices are being delivered this week. This is only a fortnight after the council's budget meeting, where an increase of 3.3 per cent was approved by most councillors. Despite this increase, the amount charged per dollar of AAV (assessed annual value) was reduced in an effort to reduce the impact of recent property revaluations.

“Council is pleased to say that it’s been able to keep rate increases to a modest 3.3 per cent in line with CPI increases. This is one of the smallest increases in the state this year," Mayor Martyn Evans said. “We did this because as a council we recognise that there are many households under cost of living pressures. However this will mean that there are some projects that we can not fund this financial year and there is little room for additional spending," Councillor Evans said. 

"Rate increases this year coincide with revaluations of properties in the Derwent Valley, through the State Government and the independent Valuer-General’s Department.  The majority of properties have had a significant increase in value this year," Cr Evans said.  “The re-valuation of properties will have an impact on rate rises for some ratepayers. There will be a redistribution of the rates as a result of the revaluation, and some ratepayers will pay more, while a lucky few will pay a little less." 

The Derwent Valley Council is thought to be one few to seek budget submissions from residents. This year saw 13 submissions received and seven have been included in the budget. This includes improved wheelchair access at Malbina Cemetery and support for the century-old Bushy Park Hall.

For the first time, the council has imposed a minimum general rate on all properties. This equates to $225 and is one of a range of new budgetary options provided to councils this year.