Rate Capping
Residential Rate Capping
In response to those residential properties that have experienced large Capital Value increases in 2022/2023, Council has provided rate capping for eligible ratepayers.
To be eligible, the property must be the ratepayers’ principal place of residence and have had no change in ownership and/or land use and/or improvements made to the property since 1 July 2021.
This cap, which is based on rates levied for 2021/2022, has been set at 10.50% for 2022/2023 and has been automatically applied to properties that clearly meet this criteria.