Browsing: Rates

MORNINGTON Peninsula Shire councillors have approved a three per cent rate increase amid “unprecedented pressures” including a newly estimated $8m to deal with the McCrae landslide recovery. Mayor Cr Anthony Marsh said at least $75 from every household would be needed to help pay for the 14 January landslide event. Councillors unanimously approved the rate increase at their 8 April meeting, which would generate an extra $50 per household in revenue on average. But Marsh said this was just two thirds of the cost of addressing the landslide recovery which did not consider inflation or cost increases. The shire has…

MORNINGTON Peninsula Shire councillors have voted to create a clear framework that governs the forced sale of property for the recovery of unpaid rates.The policy, to remain in place for three years, governs the criteria that the shire will use to enforce s 181 of the Local Government Act 1989 (Vic) titled “Council may sell land to recover unpaid rates or charges”.Under the Act, the shire can seek to sell property where the outstanding rates are more than three years overdue, no current arrangement exists for the repayment of that amount, and the council has a court order requiring payment…

A RATE cap of three percent has been set for Victorian councils by the state government for the next financial year. The rate cap limits the amount of revenue that councils can raise from general rates and municipal charges. It will be three percent in the 2025/2026 financial year, a small increase on the 2.75 percent rate cap in effect for the 2024/2025 financial year.Local government MP Nick Staikos said the rate cap “will mean local councils are able to raise necessary revenue for the services they provide, without adding cost of living pressure on households.” “‘Fair Go’ rates are…