1. Assessment number

This is your unique Council Reference Number.

2. Date of issue

This is the date that the notice was sent. It is two (2) months from this date that any valuation objection must be received.

3. Arrears

This amount is overdue from previous years and is due to be paid immediately.

4. Pay in full amount

This is the amount to pay if you wish to pay in full.

Note: Overpaid rates will not accrue interest for the period of time the account is in credit.  Any refund of overpaid rates and charges will not include any additional component, in lieu of unearned interest.

5. Pay by instalments

This is the amount that you must pay by 30 September, if you want to pay by the four (4) instalment option.  Reminder notices will be issued for the remaining three (3) instalments.

6. Property details

This is your property information from Council’s property database.

7. AVPCC

This is the Australian Valuation Property Classification Code applied by the Valuer.  This code determines the amount of Fire Services Levy you pay. You can object to this code.

8. Owner

Council must display the owners' names in full on a rates notice to comply with recent changes to legislation.

9. Site Valuation (SV)

This is the value of the land only.

10. Capital Improved Value (CIV)

Estimated market value of the property (includes the land value) and is used to calculate the Council Rates and the Fire Services Levy charges.

11. Net Annual Valuation (NAV)

This is 5% of the CIV or the estimated annual value of rent for commercial or industrial properties.

12.  Rates and Charges

Arrears – Balance as at 30 June

Interest – Interest raised on arrears

Legal Fees – Charges applied through recovery of overdue rates

Payments – Rates payments received after 30 June

Rate Classification – General Rate, Commercial/Industrial Rate or Farm Rate

Rate in Dollar – As set by Council in the budget process. Council rates are calculated by multiplying this rate by the CIV

Municipal Charge – Fixed charge applied to all properties

Waste Charge – Service charge applied to all relevant properties to cover the waste collection costs incurred by Council

Waste Levy – Charge levied to all relevant properties to cover the increased cost levied by the Environment Protection Authority

Council Pension Rebate – A Council concession amount of $64.19, if eligible

Government Pension Rebate – A government concession amount of up to $259.50, if eligible

Fire Services Levy – Victorian Government charge, may include a Pension Rebate amount of $50, if eligible

13.  Your payment options

This sets out your payment options. You can find more details on our Rate Payment Options and Timetable page.