Extreme Property Valuations Cause Council to Act

Goondiwindi Regional Council will consider rate capping in the coming budget due to significant variations in recent valuations across the council region.

valuation
Mayor Graeme Scheu says while Council is compelled to base its rates upon land valuations supplied by the state but the massive variations this year to valuations is forcing Council’s hand.

“Some valuations have not changed at all but then, at the other end of the scale, others have seen increases of as much as 355%.”

“That does not necessarily equate to a 355% rate increase, but undoubtedly it will be a massive increase and an impost that no one can be expected to wear in a single 12-month period.”

The Mayor says Council says it will endeavour to collect only 3% more revenue than last year and so most residents will see a rate increase of about that amount.

“But due to the large variation in valuations, some ratepayers are likely to see significant increases – whereas others will actually see rate reductions. The cap seems the only sensible option to keep these increases to an affordable limit.”

Mayor Scheu says Council has also created a special rate category this year for sporting and community clubs that pay general rates and provide a community benefit.

“Council acknowledges that a number of these groups struggle to make ends meet and believes some relief through the new special category will help them to continue to provide their valued community services.”

Council has also retained the 15% early payment discount on general rates for those who choose to