Calculation of rates

The rates collected by Council help fund services within the community and essential infrastructure such as roads, footpaths, parks, gardens and sports facilities.

Types of rates and charges

Under the Local Government Act 1989 every property within our municipality is valued and levied rates and charges so that we can provide services to our community each year.

Each property is valued so that we can share the cost of providing these services across the community.
In addition to general rates the following charges may also apply:

How are rates calculated?

Your rates are based on the capital improved value (CIV) of your property.

A rate in the dollar is declared by comparing the total valuation of all properties in the Shire to the total revenue included in the annual budget. Rates are then apportioned against each property on the basis of individual property valuation.

The formula for calculating general rates, excluding any additional charges or arrears, is:

Charge Calculation Method
General / Rural Rate Capital Improved Value x General/Rural Rate
Add Municipal Charge Fixed Charge (Exemptions may apply)
Add Garbage Service Charge Fixed Charge
Add Kerbside Recycling Service Charge Fixed Charge
Less Pension Rebate Fixed Rebate (To approved ratepayers)
TOTAL Total Rates and Charges collected for Council
Charge Calculation Method
Fire Services Property Levy (FSPL) Variable Rate Capital Improved Value x FSPL Classification Rate
Fixed Fire Services Property Levy Fixed Charge (Exemptions may apply)
Less Pension Rebate Fixed Rebate (To approved ratepayers)
TOTAL Total FSPL Charges forwarded to State Revenue Office

For details of your property's valuation and how your rates are calculated, please refer to your rate notice.

Rate capping

In 2015, the Victorian Government introduced rate capping legislation in the form of its “Fair Go Rates System” (FGRS). The FGRS or rate capping introduces an annual rate cap set by the Minister for Local Government which controls general rate increases for all councils during that financial year.

On 13 December 2019, the Minister for Local Government advised an annual rate for the 2020/21 financial year of 2.0 per cent. Councils can seek approval to raise an increase above this figure through a variation with the Essential Services Commission (ESC).

For the 2020/21 financial year, Council has not applied to the Essential Services Commission for an variation from the legislated rate cap. 

Further information is available in the rate cap flyer available in Related Information on this page.

Revenue and rating plan

The Revenue and Rating Plan explains how Council calculates the revenue needed to fund its activities, and how the funding burden will be apportioned between ratepayers and other users of Council facilities and services. In particular, the plan sets out decisions that Council has made in relation to rating options available to it under the Local Government Act 2020 to ensure fair and equitable distribution of rates across property owners. It also sets out the principles that are used in decision making for other revenue sources such as fees and charges.

Revenue-and-Rating-Plan(PDF, 1MB)

Objecting to a valuation

You may object to a capital improved or a site valuation. The objection can be made in relation to the value of the property or on other grounds specified in the Valuation of Land Act 1960. An objection must be made within two months of the date of the issue of the initial rate notice.

An objection to Council valuations should include the prescribed information. Before lodging a formal objection form, Council will accept enquiries and try to resolve your concerns.

Upon receipt of an objection, a valuer may discuss the matter with you and either allow or disallow the objection.

If you are not satisfied with the decision you may appeal to the Victorian Civil and Administrative Tribunal (VCAT).  Further information can be obtained from the Department of Transport, Planning and Local Infrastructure website.

If you object to a valuation you must still ensure the rates are paid by the due date. Failure to pay rates by the due date results in an interest charge.

Objection forms

For more information regarding valuations, please phone Council’s rates office on (03) 5494 1200 or 1300 365 200.

Municipal charge

This is a fixed dollar amount on each property to cover some of the administrative costs of the Council and is the same for all properties.  This charge recognises that some benefits apply to all property owners irrespective of property valuation.

Some properties are eligible for an exemption from this charge. (For exemptions for rural properties, please see Municipal Charge Exemption).

Transfer of rating obligation

If the property owner has transferred the rating obligation to the occupier of the property, the owner must provide the occupier with a copy of the original Rates and Valuation Notice. We will assume this has occurred and enforce the due dates.

Change of mailing address

The Local Government Act 1989 requires property owners and ratepayers to advise of any changes in ownership and mailing address. This needs to be in writing and signed by the property owner.

Advice of your correct address ensures that we are able to provide you with vital information in a timely manner. This is particularly important for non-residential owners.

Change of mailing address form

Recycling and waste collection service charge

The waste service charge is based on a user pays principle. It is budgeted to fully recover the costs of collection, recycling and land fill.  

Frequently Asked Questions (FAQ)

Why do I have to pay rates?

Each year, Council raises income to provide services and works that help us all enjoy where we have chosen to live. Rates income, which is a significant percentage of Council’s annual income, is supplemented by government grants and income from fees and charges.

When do rates apply?

Rates are levied for the financial year – 1 July each year to 30 June the following year.

When will I receive my notice?

We issue your annual rate notice during August.

If you choose to pay by instalments, your first instalment payment must be received by 30 September. Other instalments are due on 30 November, 28 February and 31 May.

The instalment notice we send you is a reminder only - it is your responsibility to remember to pay even if you have not received this notice.

How will I receive my rate notice?

Currently your rate notices, courtesy letters and other correspondence is sent via Australia Post, however during 2020/21,Council, in an effort to minimise costs and deliver more responsive service to our stakeholders, will be moving towards providing an option of a paperless process for ratepayers. 

This will be a far more efficient and timely way to deliver correspondence to households and allow ratepayers to store the files electronically. 

Council does understand that not every household has access to a computer for email delivery and therefore the normal postal delivery service will still be available. 

If you are interested in having your rate notices delivered via email, please log on to loddon.ezybill.com and register your property.  Once registered, you will receive notifications in your email inbox when a notice has been issued.  You will need a copy of your recent rate notice to register.

What if I don't receive a rate notice?

Please contact Council on (03) 5494 1200 to arrange a duplicate notice.

What if I change my address?

If you change your residential/mailing address, it is important that you:

  • notify Council of the change in writing
  • ensure that your conveyancer notifies Council of ownership changes.

Failure to do so may lead to you not receiving rate notices, resulting in interest and legal costs being payable due to late or non-payment.

You can advise Council of your new address by:

  • writing to the Rates Department, Loddon Shire Council, P.O. Box 21, Wedderburn  Vic 3518
  • sending an e-mail to rates@loddon.vic.gov.au
  • downloading a copy of the change of address form, filling it out and sending it to the Rates Department, Loddon Shire Council, P.O. Box 21, Wedderburn, Vic, 3518.