Why do you pay rates?
Rates are an important part of how we look after each other. Everyone who owns land in our local government area pays rates. Lachlan Shire Council then uses those rates to fund essential services for our community including;
- Roads, bridges, footpaths, drainage and flood mitigation
- Parks, public conveniences, cemeteries, pools and sporting facilities
- Libraries, community centres, halls, culture and entertainment venues
- Planning, building, animal, health and public order controls
- Contributions to NSW Fire Brigade, Rural Fire Service, State Emergency Services and community groups
- Aged, youth and child services
- Tourism, events and economic development
- Environmental services
- Water and sewer services.
How does Council calculate rates and charges?
Council is required to determine the combination of rates, charges, fees and pricing policies needed to fund the services it provides to the community by producing a revenue policy which contains a rating structure that determines which rates and charges you will have to pay and how they will be calculated.
To calculate the ordinary rates to be paid for each property, Council uses the following method:
- Base amount + (individual unimproved land value x ad valorem rate) = rates charge ($)
This calculation method brings the higher and lower values closer together, effectively spreading the rate burden more evenly among all ratepayers.
The total amount of income that Council can raise from certain rates and charges is limited. This is called rate peg percentage.
The Independent Pricing and Regulatory Tribunal (IPART) determines the annual rate peg percentage.
The land value is determined by the Land and Property Information Division of the Department of Finance and Services on behalf of the NSW Valuer General. If you do not agree with the land value of your property you can request a review by the Valuer General either
online or by calling 1800 110 038.
When do i pay my rates?
Rates are calculated from 1 July to 30 June each year, and broken down into four instalments;
- 1st instalment – 31 August
- 2nd instalment – 30 November
- 3rd instalment – 28 February
- 4th instalment – 31 May
You will receive your rate notice approximately four weeks prior to the due date. Interest is charged on any overdue amount.
If you are making a single payment for the full years rates and charges, the payment is due on or before 31 August.
For more information please contact Lachlan Shire Council on 02 6895 1900.