The 2024/25 budget considers the impact of rates on residents and ratepayers, while balancing the need for revenue to fund service delivery and achieve the objectives of the 2024 Council Plan. An increase of 3.95% has been applied to the overall rate yield for the 2024/25 financial year.
Property valuations provided by the Valuer General are used as the basis for calculation of rates each year. Rates are calculated by multiplying a property’s value by the applicable rate in the dollar. A revaluation has occurred across all properties within the Shire of Murray for the 2024/25 rating year. Properties rated on the Unimproved Value method are revalued every year, while Gross Rental Value properties were last revalued in 2017. As a result of the 2024 revaluations overall property values have increased. Council has reassessed and adjusted its rate in the dollar for each rating category to counteract the overall impact of valuation movements. This ensures a consistent and equitable distribution of the required rates yield from one year to the next.
Calculating rates
Rates are calculated using the following formula:
$ = (gross rental value or unimproved value x rate in $) – any concessions + applicable levies and charges.
If a calculated assessment is below the minimum rate contribution, the minimum rate applies.
General Calculations
|
Minimum Rate |
Rate in $ |
| Gross Rental Value – General |
$1,317 |
0.079997 |
| Gross Rental Value – Storage Units |
$911 |
0.079997 |
| Unimproved Value – General |
$1,317 |
0.006383 |
| Unimproved Value – Industrial / Mining |
$1,317 |
0.012702 |
| Unimproved Value - Rural Lifestyle |
$1,317 |
0.006491 |
Specified Area Rates
| Area |
Rate in $ |
| Yunderup Canal Entrance Dredging |
0.00510 |
| Yunderup Canal Maintenance |
0.00480 |
| Murray Lakes Canal Maintenance |
0.00500 |
| Willow Gardens Canal Maintenance |
0.00500 |
| Austin Lakes Phase Two Maintenance |
0.00335 |
Pool Inspection Fee
| Frequency |
Rate |
| Pro rata, per year |
$50 |
Emergency Services Levy (ESL)
Local governments are required to collect the State Government’s Emergency Services Levy (ESL) which funds services provided by the Department of Fire and Emergency Services (DFES). This levy is detailed separately on your rates notice.
For information about the ESL visit the DFES website.
Declared Pest Rate
The Declared Pest Rate on Shire of Murray properties is imposed by the Office of State Revenue on behalf of the Peel Harvey Biosecurity Group. It is imposed on Shire of Murray proprieties, at no more than $30/annum/property over one hectare in area. The imposition of the rate is reviewed annually by Council to ensure the funds are delivering appropriate management of declared pests within Murray.
The rate helps fund educational programs and resources for landowners to help:
- Achieve a holistic regional approach to pest management.
- Protect the Shire’s biodiversity.
- Mitigate losses to agricultural activity.
- Reduce the impact of pests in the area.
For further information, please visit Department of Primary Industries and Regional Development.
GRV and UV
Rates are calculated using property valuation as determined by the Valuer General and properties are rated according to land use.
A Gross Rental Value (GRV) is applied to land within townsites and other land as approved by the Minister for Local Government where the land is used for predominantly non-rural purposes.
A Unimproved Value (UV) is applied to land that is predominantly used for rural purposes.
See the Landgate website for further information about valuations including how and when they are determined.
Rate in dollar
Rate in the dollar is adopted by Council and determined on the basis of raising the revenue required to meet the deficiency between the total estimated expenditure proposed in the budget and the estimated revenue to be received from all sources other than rates.
Rates revenue makes up approximately 43 per cent of the Shire’s annual budget. Together with other revenue sources, we are able to deliver the objectives of our Council Plan. Council has imposed differential rates in the dollar based on land usage to ensure an affordable rating level for all ratepayers.
For further information about the reasons for differential rates, please refer to our Differential Rates Statement of Objections and Reasons.