Share your thoughts on the proposed differential rates and minimum payments for the 2024-25 financial year.

In accordance with Section 6.36 of the Local Government Act 1995, notice is hereby given of the intention of the City of Belmont to adopt the following rates in the dollar for Gross Rental Value and Minimum Payments for each differential rating category in the 2024/25 financial year.

The proposed cents in the dollar and minimum payments are as follows:

Rate CategoryRate in the Dollar (cents)Minimum Payments
Residential6.3232$880
Commercial7.5878$1,040
Industrial8.2202$1,060


This represents an overall 3.5% change in the rate yield from Residential, Commercial and Industrial properties. Further minimum payments have increased by 3.5% for Residential, Commercial and Industrial properties respectively.

Timeline

Timeline

  • Timeline item 1 - complete

    Ordinary Council Meeting

    23 April 2024

    Council endorsed proposed differential rates for 2024-25

  • Timeline item 2 - complete

    Public Submissions

    29 April to 31 May 2024

    Public submissions invited via mail, email or online.

  • Timeline item 3 - active

    Report Prepared

    31 May to 25 June 2024

    Report on submission prepared and submitted to Council

  • Timeline item 4 - incomplete

    Ordinary Council Meeting

    25 June 2024

    Rates for 2024-25 to be endorsed by Council

Feedback

How to submit feedback

Feedback on the proposed differential rates closed on 4pm 31 May 2024.