Tag: Differential Rates

Objects of and reasons for proposed differential rates for the 2022-23 financial year

Gross rental value 

Object

The cents in the dollar ($) for the various differential rates are calculated to provide the shortfall in income required to enable the City to provide necessary works and services in the 2022-23 Financial Year after taking into account all non-rate sources of funding.

Reasons

Residential Improved:  the cents in the $ of 6.2668 has been set to ensure that the proportion of total rate revenue derived from residential property remains consistent with previous years.

Residential Vacant:  the cents in the $ of 11.7391 has been set to ensure that the proportion of total rate revenue derived from residential property remains consistent with previous years and is higher than residential improved property in an effort to promote development of this category of property thereby stimulating growth and development in the community.

Commercial Improved: the cents in the $ of 6.9784 has been set to ensure that the proportion of total rate revenue derived from commercial property remains consistent with previous years and recognises the higher demand on City infrastructure and services from the activity on commercial property.

Commercial Vacant: the cents in the $ of 11.7391 has been set to ensure that the proportion of total rate revenue derived from commercial property remains consistent with previous years and is higher than commercial improved property in an effort to promote development of this category of property thereby stimulating growth and development in the community.

Industrial Improved: the cents in the $ of 6.3464 has been set to ensure that the proportion of total rate revenue derived from industrial property remains consistent with previous years and recognises the higher demand on City infrastructure and services from the activity on industrial property.

Industrial Vacant: the cents in the $ of 11.7391 has been set to ensure that the proportion of total rate revenue derived from industrial property remains consistent with previous years and is higher than industrial improved property in an effort to promote development of this category of property thereby stimulating growth and development in the community.

Notice of Intention to Levy Differential Rates

In accordance with Section 6.36 of the Local Government Act 1995, the City of Joondalup hereby gives notice of its intention to impose differential rates on rateable property in the City of Joondalup in the 2022/23 financial year.

Details of the proposed differential rates are available in the Notice. Please review this Notice prior to submitting a submission to the City.

The cents in the dollar ($) shown in the Notice below are estimates and may be changed as part of the Council’s deliberations on any submissions received. All statutory entitlements in relation to rates for pensioner and other concession holders will apply.

The objects of and reasons for each proposed rate and minimum payment may be inspected at any time on the City’s website or at the City of Joondalup Administration Office, Boas Avenue, Joondalup.

The City invites submissions in relation to the proposed differential rates which are to be addressed to the:

Chief Executive Officer
City of Joondalup
PO Box 21, Joondalup WA 6919

Or by email to info@joondalup.wa.gov.au.

Submissions to be received by Friday 10 June 2022, 4.30pm.