2.5% Rate Increase for Yarriambiak
YARRIAMBIACK Shire Council Mayor Ray Kingston said that Council had determined a 2.5 percent general rate increase for the 2016/2017 financial year, and had spent a significant amount of time and effort in what was a very thorough and challenging process.
An additional challenge this year was the introduction of rate capping by the State Government which set rates at a 2.5 percent increase. This combined with the Federal Government’s freeze on the indexation of the Local Government Financial Assistance Grants until 2017/2018 forced council into the unprecedented territory of allowing for effectively no increases to departmental budgets this year.
Council in accordance with the Local Government Act 1989 Section 159 has also marginally increased the Municipal Charge from $68.70 to $70.42 on all properties. Mayor Kingston said he believed that the Council Municipal Charge rate remained one of the lowest in the State.
In proposing the rate increase of 2.5 percent Mayor Kingston said, “Council had taken into account the Municipal Association of Victoria (MAV) and the Victorian Local Governance Association (VLGA) research into rates and charges levied by other municipalities in addition to feedback from Council’s Chief Executive Officer, Ray Campling, who is a representative on the Fair Go Rates panel.”
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