CITY OF GREATER GEELONG 2012-2013 Rating StRategy

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Row Labels No. of Properties Sum of 2010 Current CIV Sum of 2012 Reval CIV % Change 2012 from 2010 Farm Rate 54 60,010,000 59,155,000 -1.4% General Rates 200 101,500,000 122,148,000 20.3% Mixed Use 1 1,280,000 1,110,000 -13.3% Vacant Land 53 26,423,000 31,305,000 18.5% Corio 6,677 1,816,999,300 1,947,082,000 7.2% Commercial Rate 228 217,352,300 217,926,000 0.3% Farm Rate 2 2,140,000 1,600,000 -25.2% General Rates 6,079 1,149,039,000 1,267,933,000 10.3% Industrial Rate 61 115,275,378 124,940,378 8.4% Late Licence Premises Rate 1 3,750,000 5,160,000 37.6% Mixed Use 9 2,104,000 2,188,000 4.0% Petroleum 1 276,983,622 276,983,622 0.0% Recreation 6 12,015,000 11,939,000 -0.6% Vacant Land 290 38,340,000 38,412,000 0.2% Curlewis 100 160,151,000 158,689,000 -0.9% Commercial Rate 1 380,000 385,000 1.3% Farm Rate 33 72,095,000 64,405,000 -10.7% General Rates 60 68,806,000 74,890,000 8.8% Recreation 1 3,540,000 3,164,000 -10.6% Vacant Land 5 15,330,000 15,845,000 3.4% Drumcondra 255 148,584,000 155,077,000 4.4% Commercial Rate 11 2,428,000 2,585,000 6.5% General Rates 242 145,276,000 151,697,000 4.4% Mixed Use 2 880,000 795,000 -9.7% Drysdale 2,187 922,247,900 993,157,000 7.7% Commercial Rate 136 58,316,900 57,813,000 -0.9% Farm Rate 96 126,970,000 120,740,000 -4.9% General Rates 1,710 637,378,000 707,326,000 11.0% Industrial Rate 31 6,778,000 6,913,000 2.0% Mixed Use 7 6,595,000 5,946,000 -9.8% Recreation 1 1,310,000 904,000 -31.0% Vacant Land 206 84,900,000 93,515,000 10.1% East Geelong 1,851 605,929,000 676,061,000 11.6% Commercial Rate 59 23,064,000 23,608,000 2.4% General Rates 1,764 570,477,000 637,733,000 11.8% Mixed Use 5 1,470,000 1,610,000 9.5% Recreation 3 5,770,000 6,545,000 13.4% Vacant Land 20 5,148,000 6,565,000 27.5% Fyansford 113 78,787,650 81,920,000 4.0% Commercial Rate 6 3,532,650 3,620,000 2.5% Farm Rate 8 11,810,000 10,030,000 -15.1% General Rates 71 33,185,000 36,850,000 11.0% Industrial Rate 11 16,160,000 16,545,000 2.4% Mixed Use 1 270,000 285,000 5.6% Recreation 1 885,000 773,000 -12.7% Vacant Land 15 12,945,000 13,817,000 6.7% Geelong 4,269 2,553,515,800 2,654,460,000 4.0% Commercial Rate 1,596 1,274,567,800 1,333,115,000 4.6% General Rates 2,545 1,197,616,000 1,236,286,000 3.2% Industrial Rate 14 8,770,000 8,710,000 -0.7% Late Licence Premises Rate 15 18,869,000 20,050,000 6.3% Mixed Use 28 12,548,000 13,502,000 7.6% Recreation 5 7,470,000 8,396,000 12.4% Vacant Land 66 33,675,000 34,401,000 2.2% Geelong West 3,872 1,329,467,600 1,490,181,000 12.1% Commercial Rate 413 223,918,600 233,552,000 4.3% General Rates 3,331 1,048,444,000 1,196,368,000 14.1%
Row Labels No. of Properties Sum of 2010 Current CIV Sum of 2012 Reval CIV % Change 2012 from 2010 Industrial Rate 58 27,643,000 27,157,000 -1.8% Late Licence Premises Rate 1 2,090,000 2,100,000 0.5% Mixed Use 20 7,769,000 7,796,000 0.3% Recreation 2 1,300,000 1,764,000 35.7% Vacant Land 47 18,303,000 21,444,000 17.2% Grovedale 6,240 1,932,542,450 2,098,356,000 8.6% Commercial Rate 268 189,056,450 207,193,000 9.6% General Rates 5,813 1,673,353,000 1,813,638,000 8.4% Industrial Rate 39 19,750,000 19,250,000 -2.5% Late Licence Premises Rate 1 10,640,000 10,720,000 0.8% Mixed Use 7 3,615,000 3,750,000 3.7% Vacant Land 112 36,128,000 43,805,000 21.2% Hamlyn Heights 2,790 801,695,000 891,161,000 11.2% Commercial Rate 31 5,566,000 7,068,000 27.0% Farm Rate 1 975,000 960,000 -1.5% General Rates 2,700 782,549,000 868,759,000 11.0% Mixed Use 4 925,000 950,000 2.7% Recreation 1 320,000 295,000 -7.8% Vacant Land 53 11,360,000 13,129,000 15.6% Herne Hill 1,763 404,513,500 466,111,000 15.2% Commercial Rate 27 6,147,500 6,468,000 5.2% General Rates 1,714 390,008,000 448,152,000 14.9% Mixed Use 2 480,000 530,000 10.4% Vacant Land 20 7,878,000 10,961,000 39.1% Highton 7,530 2,792,465,600 3,066,215,900 9.8% Commercial Rate 135 57,679,600 63,824,900 10.7% Farm Rate 1 2,950,000 3,180,000 7.8% General Rates 6,885 2,575,205,000 2,820,025,000 9.5% Mixed Use 3 1,035,000 1,120,000 8.2% Recreation 1 365,000 1,549,000 324.4% Vacant Land 505 155,231,000 176,517,000 13.7% Indented Head 1,265 463,466,000 511,445,000 10.4% Commercial Rate 3 725,000 832,000 14.8% Farm Rate 9 9,050,000 7,700,000 -14.9% General Rates 1,034 403,472,000 441,660,000 9.5% Recreation 2 320,000 319,000 -0.3% Vacant Land 217 49,899,000 60,934,000 22.1% Lara 5,685 1,905,864,250 2,083,111,800 9.3% Commercial Rate 116 50,661,000 49,899,800 -1.5% Farm Rate 74 56,700,000 67,735,000 19.5% General Rates 5,074 1,604,092,250 1,765,679,000 10.1% Industrial Rate 32 86,710,000 76,500,000 -11.8% Late Licence Premises Rate 1 1,850,000 1,790,000 -3.2% Mixed Use 11 5,770,000 6,075,000 5.3% Recreation 3 2,075,000 2,026,000 -2.4% Vacant Land 374 98,006,000 113,407,000 15.7% Leopold 4,514 1,535,276,200 1,641,828,100 6.9% Commercial Rate 84 48,557,200 48,875,100 0.7% Farm Rate 52 68,395,000 62,855,000 -8.1% General Rates 4,038 1,321,996,000 1,423,727,000 7.7% Industrial Rate 1 295,000 365,000 23.7% Mixed Use 3 5,065,000 3,250,000 -35.8% Recreation 2 2,161,000 2,168,000 0.3% Vacant Land 334 88,807,000 100,588,000 13.3% Little River 272 168,269,000 187,121,000 11.2% Commercial Rate 2 8,932,000 11,251,000 26.0% Farm Rate 61 56,170,000 55,230,000 -1.7%
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City of Greater Geelong 2012-2013 R
Page 4 and 5:
Charitable and Not-for-Profit Organ
Page 6 and 7:
income and other assets to be treat
Page 8 and 9: Residential Overall 94,809 resident
Page 10 and 11: Major Industrials There is no chang
Page 12 and 13: Future Issues The Victorian Governm
Page 14 and 15: The Strategy provided for the conti
Page 16 and 17: or can demonstrate that they are of
Page 18 and 19: These increases were required in or
Page 20 and 21: 2010-2011 2010 Revaluation The 2010
Page 22 and 23: The Farm rebate remained at 46.5%.
Page 24 and 25: However, Geelong Council must provi
Page 26 and 27: Strategic Directions Council has de
Page 28 and 29: The total value of the municipality
Page 30 and 31: The general objectives of each of t
Page 32 and 33: (c ) Location Specific: All the lan
Page 34 and 35: Differential Rates for Year 2012-20
Page 36 and 37: Service Charges - LGA Section 162 A
Page 38 and 39: Decision Process for determining Mi
Page 40 and 41: The land definition does not includ
Page 42 and 43: Reason for Policy: Councils view is
Page 44 and 45: Transitional Rebate For 2012-2013 C
Page 46 and 47: Council cannot apply an alternative
Page 48 and 49: The property criteria to be met is
Page 50 and 51: Waiver of Rates - LGA Sections 171
Page 52 and 53: Page 48 Rating Strategy 2012-2013
Page 55 and 56: REVALUATION SCHEDULES BY SUBURB - G
Page 57: Row Labels No. of Properties Sum of
Page 61 and 62: Row Labels No. of Properties Sum of
Page 63: Row Labels No. of Properties Sum of
Page 67 and 68: Council Rates COUNCIL POLICY Docume
Page 69 and 70: iii. Location Specific: All the lan
Page 71 and 72: Ratepayer Name Geelong & Dist Angli
Page 73 and 74: 5.2. Rating Strategy Parameters to
Page 75: 5.5. Rate Review 5.5.1. Rateable an
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