1.75 per cent rate rise to fund services and community projects

The City of Greater Bendigo’s proposed 2022/2023 Budget is based on a 1.75 per cent increase to the total revenue rate, in line with the Victorian Government’s Fair Go Rates System (FGRS).

Mayor Cr Andrea Metcalf said the rate cap applies to general rates and is calculated based on Council’s average rates and charges.

“In developing the Budget, rates and charges are an important source of income so we can deliver the Council Plan, essential services to the community and capital works commitments,” Cr Metcalf said.

As in previous years, Council has not applied for a variation to the rate cap and will absorb increasing costs.

“Forecast inflation and increased construction costs are significantly higher than the rate cap amount, and this limits revenue available to fund new projects and initiatives.

“There have been some increases in residential valuations across the municipality however in line with the FGRS, this does not automatically increase your rates. Rates are set in comparison to everyone else in the municipality’s valuations.  

“The level of required rates and charges has been carefully considered in this context.

“With recovery continuing to improve for our region, it is critical for us to continue to provide services to our community, which we cannot do without revenue from rates.

“Landfill fees levied by the Environment Protection Authority (EPA) are increasing by 19 per cent.

“For a property with a 140L waste bin, this equates to an extra $18. The organic waste charges will increase by 2 per cent and recycling by 10 per cent.

“It is important to know that Council does not make a profit from waste services. These fees only recoup the costs involved in providing essential waste management services that are impacted by external factors that are beyond our control, particularly the increased landfill levy set by the EPA for the new financial year.

“Council acknowledges that personal circumstances may impact people’s ability to pay rates and charges. Our Financial Hardship Guidelines have been developed to support residents experiencing financial difficulties. Please contact our Customer Service for advice on arranged payment plans if you are facing financial difficulties.

The proposed Budget is now available for public written comments until 5pm, Monday May 16.

To view the proposed Budget, visit: https://letstalkgreaterbendigo.com.au/2022-2023-budget

Note to editor: For more information on rates and valuations, please visit: https://www.localgovernment.vic.gov.au/our-programs/council-rates-and-charges/calculating-rates


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