A New Rates Structure - Revenue Policy Exhibition

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Council has been working through the process of determining what is the best rate structure to move forward with for the Snowy Monaro community and has adopted a structure where there are the following categories of rates:

  • Business - All land that meets the definition of business land other than land which meets the criteria for the business sub category of electricity generation.
  • Business: Electricity Generation - All land that meets the definition of business land and is used for the purpose of electricity generation.
  • Farmland - All land that meets the definition of farmland.
  • Mining - All land that meets the definition of mining.
  • Residential - All land that meets the definition of residential land.

Each ratable parcel of land will pay a base rate. The base rate will be the same for all landowners other than land covered by the electricity generation subcategory or mining category. The base rate will be determined by calculating the highest value it can be and still meet the legislative requirement to raise no more than 50% of the revenue from the category from the base rate. On top of the base rate will be an ad valorem rate, being the cents in the dollar that is multiplied by the land value to raise the balance of the rates revenue.

For 2021-22 the following amounts are included for the rate structure for the business, farmland and residential categories:

Base Rate: $475.00

Ad Valorem: $0.0033568

This process will not change the overall level of rates raised by the Council. The introduction of a new rating structure will lead to changes in an individual's rates.

To see the impact the change will have on you you can enter your rate assessment number to see your current rates and what they will change to next year: Click here NOTE: An error had been identified in the figures and Council has updated the information on 4 June 2021 with the correct information.

Copies of the documents can be downloaded from the document library (right of the screen), or hard copies will be available for viewing at our Council offices and libraries.

Feedback can be submitted by completing the below form, or in writing to the Chief Executive Officer.

In-person: to any Council office

Email: council@snowymonaro.nsw.gov.au

Post: Snowy Monaro Regional Council PO BOX 714 Cooma NSW 2630

Do you have a question relating to any of the draft document?

Phone our customer service line 1300 345 345.

Please submit your feedback by midnight Thursday 24 June 2021.

Council has been working through the process of determining what is the best rate structure to move forward with for the Snowy Monaro community and has adopted a structure where there are the following categories of rates:

  • Business - All land that meets the definition of business land other than land which meets the criteria for the business sub category of electricity generation.
  • Business: Electricity Generation - All land that meets the definition of business land and is used for the purpose of electricity generation.
  • Farmland - All land that meets the definition of farmland.
  • Mining - All land that meets the definition of mining.
  • Residential - All land that meets the definition of residential land.

Each ratable parcel of land will pay a base rate. The base rate will be the same for all landowners other than land covered by the electricity generation subcategory or mining category. The base rate will be determined by calculating the highest value it can be and still meet the legislative requirement to raise no more than 50% of the revenue from the category from the base rate. On top of the base rate will be an ad valorem rate, being the cents in the dollar that is multiplied by the land value to raise the balance of the rates revenue.

For 2021-22 the following amounts are included for the rate structure for the business, farmland and residential categories:

Base Rate: $475.00

Ad Valorem: $0.0033568

This process will not change the overall level of rates raised by the Council. The introduction of a new rating structure will lead to changes in an individual's rates.

To see the impact the change will have on you you can enter your rate assessment number to see your current rates and what they will change to next year: Click here NOTE: An error had been identified in the figures and Council has updated the information on 4 June 2021 with the correct information.

Copies of the documents can be downloaded from the document library (right of the screen), or hard copies will be available for viewing at our Council offices and libraries.

Feedback can be submitted by completing the below form, or in writing to the Chief Executive Officer.

In-person: to any Council office

Email: council@snowymonaro.nsw.gov.au

Post: Snowy Monaro Regional Council PO BOX 714 Cooma NSW 2630

Do you have a question relating to any of the draft document?

Phone our customer service line 1300 345 345.

Please submit your feedback by midnight Thursday 24 June 2021.