What is a special rate?
A special rate is a rate raised in addition to the general rates and charges under the provisions of section 163 of the Local Government 1989. It is a property-related debt, the same as a general rate.
Do I need to pay a special rate?
Special rates apply to commercial properties only.
The Special Rate Scheme was declared at an Ordinary Council Meeting on 1 June 2015 for the provision of marketing and promotion of the five major shopping precincts within the City of Stonnington. Each of the shopping precincts has its own special rate scheme.
How long does the current special rate last?
The declared special rate is effective 1 July 2015 until 30 June 2019.
What properties are included in the Special Rate Scheme?
The following geographic maps provide the details of which commercial properties are included in the special rate schemes for each of the shopping precincts concerned:
How much do I pay?
The basis for calculation is the declared special rate in the dollar (different to the general rate) by the Capital Improved Value (CIV) of the property, unless a minimum or maximum cap applies. The benefit levels, maximums and minimums vary between schemes. For further information contact the Stonnington Rate Department.
Will there be a separate account sent?
No. The special rates will be included on your annual rates notice. You can pay the rates and special rates either in four instalments or in full by 15 February.