So why have my Rates increased and others decreased?

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So why have my Rates increased and others decreased?

Land values generally increase over time. If the land values issued at the time of the General revaluation were used to generate Councils Rate income at the rate in the dollar used for the previous year's calculations, then Council would raise more income than it is allowed.

In order to contain Councils income within the allowable limits, Council must reduce the rate in the dollar for each rating category.As the same rate in the dollar is then applied to each property within a rating category, the actual amount of rates payable is determined by the individual land valuation of the property.

As a result, due to the individual changes in Land Valuations for individual Ratepayers, some Ratepayers will experience variations in their Rates that will either increase, or decrease their rates for the first year after a General Revaluation.