Your rates explained

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When can I expect to receive your my notice? 

An annual rates notice is sent out to ratepayers in August each year. Ratepayers will be issued three further instalment notices throughout the year at least 14 days prior to the instalment being due. 

In 2019/ 20 these due dates are: 

  • 1st instalment - 30 September 2019
  • 2nd instalment - 30 November 2019
  • 3rd instalment - 29 February 2020
  • 4th instalment- 31 May 2020 

What do my rates pay for? 

The collection of rates from property owners helps us to deliver important services for our community.  

Rate payments also help us to build new roads, footpaths, walking and cycling paths and bridges, develop community facilities, stadiums and pavilions and upgrading sporting reserves, parks and playgrounds for the Hume community. 

How are my rates calculated? 

Each year, your rates are calculated based on the total amount of money required to provide essential services and infrastructure for the Hume community.  

This income is divided by the total combined value of all properties in Hume and is then known as the rate in the dollar, which for the 2019/20 financial year is $0.0033056. 

Council calculates rates for each property by multiplying its value by the rate in the dollar. This is the Capital Improved Value (CIV). The CIV is the total market value of the land plus buildings and any other improvements. 

For example, an owner of a property with a CIV of $500,000 will pay $1652.80 in rates.  

The calculation is:  

  • $500,000 x 0.0033056 = $1,652.80, excluding any extra waste service charges and state government fire services levy 

This formula means that the higher the CIV of a property, the higher the rates for its owner. 

How is my property valued? 

We value properties in Hume City every year following Victorian legislation. 

To work out how much each property is worth we use qualified valuers to assess your property based on:

  • property sales and rental data trends
  • location
  • the quality, size and position of the land
  • the size, age and condition of the building 

Can I object to a valuation? 

Yes, ratepayers can object to a valuation of their property. Objections can be made within two months of the date of the annual rates notice. A online form will be available in August. 

The legislated time frames set out in Section 18 of the Valuation of Land Act 1960 are obligatory. Neither Valuer-General Victoria nor a municipal council has the power to review the objection if it does not fall within the statutory time limit.   

The objection can be made in relation to the value of a property or on other grounds specified in the Valuation of Land Act 1960.

If you object to a valuation, you must still pay your rates by the due date. Failure to pay rates by the required date generally results in interest being imposed. Any reduction in rates caused by a successful objection will then be credited to your account. 

What is the Fire Services Levy? 

Your rates notice also includes a separate Fire Services Levy, which we are obliged to collect on behalf of the State Government. 

The Fire Services Property Levy includes a fixed charge of $111 for residential properties and $226 for non-residential properties, plus a variable charge based on your property's capital improved value listed on your rates notice. 

Please see our Concessions or Exemptions page for more information on available concessions. 

For more information on the Fire Services Levy, visit firelevy.vic.gov.au or call 1300 300 635. 

What is rate capping? 

The State Government has capped rate increases at 2.5% for 2019/2020. We elected to apply the 2.5% increase, rather than seek an exemption from the cap. 

It is important to remember that the 2.5% cap does not apply to your individual bill but rather to the total amount of money that we are seeking from rates revenue. Most properties will experience rate increases that are slightly higher or lower than 2.5%. 

To learn more, the Municipal Association of Victoria has produced this short video explaining rate-capping in simple terms.  

*This information is correct at the time of publication. Hume City Council reserves right to update and amend information as required. 


Updated : 1:50 PM, 1 May 2020

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