The Albury region continues to experience unprecedented growth, with the urban area expanding significantly in recent years.
Changes to rating legislation has prompted AlburyCity to commence a Rating Structure Review, to ensure there continues to be fair distribution of the rates property owners pay across our city.
Community feedback is being sought on a Discussion Paper that compares our rating structure with other councils in the broader region, including Wodonga City Council, Greater Hume Shire Council, and Wagga Wagga City Council.
Key proposals identified for community input include:
A rate reduction is proposed for farmland properties, which would see rates for the average farm reduce by around 31%.
The continued expansion of the urban area in Thurgoona has meant that around 500 properties historically categorised as village now form part of the contiguous urban area. Therefore it is proposed that these properties are re-categorised to align them with the standard rate for urban properties.
To support these properties through any transition, a change in rates would take place gradually over a four-year period, with an annual rate rise of 3.5% for these residential properties and 25% for business properties previously categorised as village.
All impacted property owners will be contacted directly to inform them of the proposed changes and provide them the opportunity to discuss directly.
Any rate changes are proposed to commence from 1 July 2023.
We welcome your feedback on the Rating Structure Review Discussion Paper. Submissions will be received until 5:00pm Friday 18 November 2022 and can be submitted via the form above or addressed to:
Financial Management, PO Box 323 Albury NSW 2640 or info@alburycity.nsw.gov.au
Submissions are not confidential. Submissions, summaries of submissions, and/or names and addresses of people making submissions may be included in publicly available reports to Council and Council's website.
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