Draft Revenue and Rating Plan

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Background

Council has a legislative responsibility to review and develop a Revenue and Rating Plan in accordance with the Local Government Act 2020. It provides a medium-term plan for how Council will generate income to deliver on the Council Plan, program and services and capital works commitments over a 4-year period. It establishes the revenue raising framework within which the Council proposes to work.

Council provides a number of services and facilities to our local community, and in doing so, must collect revenue to cover the cost of providing these services and facilities.

Council’s revenue sources include:

  • Rates and Charges ($24.8M)
  • Waste and garbage charges ($2.3M)
  • Grants ($17.1M)
  • Statutory Fees and Fines ($0.8M)
  • User Fees ($2.7M)
  • Cash and non-cash contributions from other parties ($0.165M)
  • Interest from investments ($0.15M)
  • Sale of Assets ($0.22M)

Rates are the most significant revenue source for Council and account for 50.74% of its annual income.

The introduction of rate capping under the Victorian Government’s Fair Go Rates System (FGRS) has brought a renewed focus to Council’s long-term financial sustainability. The FGRS continues to restrict Council’s ability to raise revenue above the rate cap unless application is made to the Essential Services Commission for a variation. Maintaining service delivery levels and investing in community assets remain key priorities for Council.

Drop-In Sessions

Drop in Sessions are being held across the shire. Please feel free to attend the event closest to you.

  • Heywood – Monday 12 April 9.30-11.30am Heywood Meeting Room, Glenelg Shire Council Offices
  • Casterton – Monday 12 April 1.30-3.30pm Casterton Kelpie Centre
  • Portland – Thursday 15 April 2-4pm Portland Reception Room, Glenelg Shire Council Offices

Seeking feedback

This plan is an important part of Council’s integrated planning framework, all of which is created to help Council achieve its vision of Council being forward thinking and inclusive. Council will continue to innovate and develop our diverse economy to deliver services that meet the needs of our community.

This plan will explain how Council calculates the revenue needed to fund its activities, and how the funding burden will be apportioned between ratepayers and other users of Council facilities and services. This plan outlines decisions that Council has made in relation to rating options available to it under the Local Government Act 2020 to ensure the fair and equitable distribution of rates across property owners. It is recommended that Council review the rebate applied to primary producers.

The plan also sets out principles that are used in decision making for other revenue sources such as fees and charges and the projected assumptions for increases in future years.

Submissions on the draft Revenue & Rating Plan are invited and are due by 5:00pm on Friday 7 May 2021. Please click here to view the Draft Revenue and Rating Plan, or select the file in the Documents tab on the right of the page.

Background

Council has a legislative responsibility to review and develop a Revenue and Rating Plan in accordance with the Local Government Act 2020. It provides a medium-term plan for how Council will generate income to deliver on the Council Plan, program and services and capital works commitments over a 4-year period. It establishes the revenue raising framework within which the Council proposes to work.

Council provides a number of services and facilities to our local community, and in doing so, must collect revenue to cover the cost of providing these services and facilities.

Council’s revenue sources include:

  • Rates and Charges ($24.8M)
  • Waste and garbage charges ($2.3M)
  • Grants ($17.1M)
  • Statutory Fees and Fines ($0.8M)
  • User Fees ($2.7M)
  • Cash and non-cash contributions from other parties ($0.165M)
  • Interest from investments ($0.15M)
  • Sale of Assets ($0.22M)

Rates are the most significant revenue source for Council and account for 50.74% of its annual income.

The introduction of rate capping under the Victorian Government’s Fair Go Rates System (FGRS) has brought a renewed focus to Council’s long-term financial sustainability. The FGRS continues to restrict Council’s ability to raise revenue above the rate cap unless application is made to the Essential Services Commission for a variation. Maintaining service delivery levels and investing in community assets remain key priorities for Council.

Drop-In Sessions

Drop in Sessions are being held across the shire. Please feel free to attend the event closest to you.

  • Heywood – Monday 12 April 9.30-11.30am Heywood Meeting Room, Glenelg Shire Council Offices
  • Casterton – Monday 12 April 1.30-3.30pm Casterton Kelpie Centre
  • Portland – Thursday 15 April 2-4pm Portland Reception Room, Glenelg Shire Council Offices

Seeking feedback

This plan is an important part of Council’s integrated planning framework, all of which is created to help Council achieve its vision of Council being forward thinking and inclusive. Council will continue to innovate and develop our diverse economy to deliver services that meet the needs of our community.

This plan will explain how Council calculates the revenue needed to fund its activities, and how the funding burden will be apportioned between ratepayers and other users of Council facilities and services. This plan outlines decisions that Council has made in relation to rating options available to it under the Local Government Act 2020 to ensure the fair and equitable distribution of rates across property owners. It is recommended that Council review the rebate applied to primary producers.

The plan also sets out principles that are used in decision making for other revenue sources such as fees and charges and the projected assumptions for increases in future years.

Submissions on the draft Revenue & Rating Plan are invited and are due by 5:00pm on Friday 7 May 2021. Please click here to view the Draft Revenue and Rating Plan, or select the file in the Documents tab on the right of the page.