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27 February 2007 - Ordinary Meeting of Council (pdf. 14MB)

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Average Rate per Residential Assessment<br />

$1,000.00<br />

$900.00<br />

$800.00<br />

$700.00<br />

$600.00<br />

$500.00<br />

$400.00<br />

$300.00<br />

$200.00<br />

$100.00<br />

$-<br />

1995/1996<br />

1996/1997<br />

1997/1998<br />

1998/1999<br />

1999/2000<br />

2000/2001<br />

2001/2002<br />

2002/2003<br />

2003/2004<br />

2004/2005<br />

Ku-ring-gai’s average residential rate assessment increased 29% in the 10 year period which equates to<br />

an average <strong>of</strong> 2.9% per year. The average rate for 2004/2005 increased 1.8% when compared to the<br />

previous year 2003/2004. This was over the 1% average increase for NSW <strong>Council</strong>s.<br />

Average Rate per Business Assessment<br />

$3,000.00<br />

$2,500.00<br />

$2,000.00<br />

$1,500.00<br />

$1,000.00<br />

$500.00<br />

$-<br />

1997/1998 1998/1999 1999/2000 2000/2001 2001/2002 2002/2003 2003/2004 2004/2005<br />

Ku-ring-gai’s average business rate assessment increased from $2,017 in 1997/1998 to $2,468 in<br />

2004/2005, an increase <strong>of</strong> 22% in 8 years. Ku-ring-gai’s business rates are limited by the lack <strong>of</strong><br />

major commercial and industrial areas within the local government area.<br />

31

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