The application of general rates is based solely on the valuation of a property. Properties with greater improvements pay considerably more rates than those with little or no improvements. Council multiplies the capital improved valuation of the property by a rate in the dollar, which is set as part of its annual budget process.
Rates for 2024-2025
General rate (includes residential and rural non-farm) = 0.004472 cents per dollar of capital improved valuation.
Commercial rate = 0.005639 cents per dollar of capital improved valuation.
Industrial rate = 0.005639 cents per dollar of capital improved valuation.
Farm rate = 0.001419 cents per dollar of capital improved valuation.