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The Revenue and Rating Plan establishes the revenue raising framework in which Council proposes to work.
The purpose of the Revenue and Rating Plan is to determine the most appropriate and affordable revenue and rating approach for Council which in conjunction with other income sources fund the objectives in the Council Plan.
This plan will set out decisions that Council has made in relation to rating options available under the Local Government Act 1989 (Act)to ensure the fair and equitable distribution of rates across property owners. It will also set out principles that are used in decision making for other revenue sources such as fees and charges.
Council’s revenue sources include:
Rates and Charges
Grants from other levels of Government
Statutory Fees and Fines
User Fees
Cash and non-cash contributions from other parties (i.e. developers)
Interest from investments
Sale of Assets
Rates are the most significant revenue source for Council and make up over 57% of annual income. The introduction of rate capping under the Victorian Government’s Fair Go Rates System (FGRS) has required councils to increasingly focus on the long-term financial sustainability of council.
The main changes to the Revenue and Rating Plan 2025-2029 include:
Farm Rate Differential - Revision to the qualifying criteria increasing the required landholding from two hectares to at least 40 hectares of clear productive farmland amongst other changes to better reflect the purpose of the differential
Rate Payment Options – From 1 July 2026 Council will discontinue the option to allow rates to be paid in an annual lump sum on the 15 February. Instead all ratepayers will be required to pay by quarterly instalments, ratepayers may still elect to pay in a single lump sum however lump sum payments will be required by 30 September.
Have your say on the Revenue and Rating Plan 2025 - 2029. Submissions close 5pm 27 May 2025.
The Revenue and Rating Plan establishes the revenue raising framework in which Council proposes to work.
The purpose of the Revenue and Rating Plan is to determine the most appropriate and affordable revenue and rating approach for Council which in conjunction with other income sources fund the objectives in the Council Plan.
This plan will set out decisions that Council has made in relation to rating options available under the Local Government Act 1989 (Act)to ensure the fair and equitable distribution of rates across property owners. It will also set out principles that are used in decision making for other revenue sources such as fees and charges.
Council’s revenue sources include:
Rates and Charges
Grants from other levels of Government
Statutory Fees and Fines
User Fees
Cash and non-cash contributions from other parties (i.e. developers)
Interest from investments
Sale of Assets
Rates are the most significant revenue source for Council and make up over 57% of annual income. The introduction of rate capping under the Victorian Government’s Fair Go Rates System (FGRS) has required councils to increasingly focus on the long-term financial sustainability of council.
The main changes to the Revenue and Rating Plan 2025-2029 include:
Farm Rate Differential - Revision to the qualifying criteria increasing the required landholding from two hectares to at least 40 hectares of clear productive farmland amongst other changes to better reflect the purpose of the differential
Rate Payment Options – From 1 July 2026 Council will discontinue the option to allow rates to be paid in an annual lump sum on the 15 February. Instead all ratepayers will be required to pay by quarterly instalments, ratepayers may still elect to pay in a single lump sum however lump sum payments will be required by 30 September.
Have your say on the Revenue and Rating Plan 2025 - 2029. Submissions close 5pm 27 May 2025.
