Rates and valuations
Rate Notices for the 2011/2012 financial year were mailed out to all Yarra ratepayers in mid-August 2011.
The collection of rates from property owners is Council's primary means of raising revenue to pay for its services. Rate payments are your investment in services and infrastructure for the Yarra community.
In 2011/2012, Council's budget provides for a total income of $132 million, of which 56.7% or $74.9 million comes from rates. The remainder is raised from fees and charges, parking revenue, government grants and interest from investments.
In forming its annual budget, Council increased its total rate revenue by 4.9% compared to last year. Once supplementary income and interest is removed, the increase for the vast majority of ratepayers will be 3.5%. This translates into about $47 extra per year for the average residential ratepayer.
Here is more information on:
How rates are calculated
How to pay your rates
Pensioner rates rebate
Overdue rates and payment arrangements
How property is valued
Change your details
Land Information Certificates
Further information
Ph
ilip Mason
Manager - Finance
9205 5449
Philip.Mason@yarracity.vic.gov.au
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