Jenny owns her house in Newstead. In 2022, her house and land was worth $600,000.
We had all properties in the shire independently valued at a total of $3.5 billion. The revenue to pay for roads, bridges, maintaining parks and more was $13.5 million. The rate per residential property was calculated at $0.002398.
Jenny’s rates before levies and charges:
$600,000 x $0.002398 = $1,438.80 per year, or $55.39 per fortnight.
Then we add the waste charge.
Jenny has a small general waste bin, so the charge is $450.
The State Government’s fire service levy for Jenny is $125.
$1,438.80 (rates) + $450 (waste charge) + $125 (fire levy) = $2,013.80, or $77.45 per fortnight.
Jenny also received the pension, and so receives the maximum pension rebate of $253.60.
So her total rates bill is $1,760.20, or $67.70 per fortnight.