How Rates are calculated

Council rates are calculated on property values as provided to the Council by the Valuer General's Office. Each year usually in July Council declares a rate-in-the-dollar, which is applied to all district properties. This declaration appears in the 'Eyre Peninsula Tribune' publication and the Government Gazette. The District Council of Kimba uses site value as the basis for valuing land within the Council area.

Council determines two differential general rates - one for the township and another for all other land. The amount of rates payable is determined by multiplying the relevant rate in the dollar by the site value of the property.

The rate in the dollar for 2011/2012 is:

1.9666 cents for township
0.5935 cents for all other land
13.560 commercial bulk handlng zone

Other charges are:

$110 Community wastewater management systems vacant allotments
$150 Community wastewater management systems occupied allotments
$85 Waste Management fee, residential
$150 Waste Management fee, commercial
$60.00 NRM Levy

A minimum rate is also set by the Council in its Rates Declaration. For the 2011/12 year, the minimum rate was $150 per property.

Method Used to Value Land

Council may adopt one of three valuation methodologies to value the properties in its area. They are:

Capital Value - the value of the land and all of the improvements on the land
Site Value - the value of the land and any improvements which permanently affect the amenity of use of the land, such as drainage works, but excluding the value of buildings and other improvements
Annual Value - a valuation of the rental potential of the property.

The District Council of Kimba has decided to continue to use site value as the basis for valuing land within the Council area. Council considers that this method of valuing land provides a fair and equitable method of distributing the rate burden across all ratepayers on the following basis:

The nature of land holdings in the district; and
The mix of land uses in the district.