A rating unit (property) is charged a value-based rate and a uniform annual general charge.
- The uniform annual general charge is charged per separately used or inhabited part of a rating unit.
Value based general rates
- The value based general rate is calculated using the land value of the property.
Differential basis
There are 5 categories:
- residential and lifestyle
- multi-unit
- rural
- commercial and industrial
- miscellaneous.
If a property is used for multiple purposes, the value of the property will be apportioned between the different categories
Uniform Annual General Charge (UAGC)
This is a fixed charge applied to each separately used or inhabited part (SUIP) of a property, irrespective of the value of a property. It is used to pay for general council services.
The purpose of a uniform annual general charge is to ensure that all property owners or ratepayers provide a minimum contribution to fund services that benefit the District.