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.
What is the purpose of the special rate?
To raise funds for the marketing and promotion of the precinct, business engagement and business development of the member businesses in the Shopping Precinct (Precinct).
Who will be charged the special rate?
Properties that are in the special rate geographic region and have a commercial or industrial Australian Property and Valuation Council Code (AVPCC) residential properties are not charged a special rate.
How long does the current special rate last?
The current declared special rate is effective until 30 June 2019. If approved the new special rate will be effective from 1 July 2019 until 30 June 2023.
What is the process of declaring the special rate?
Council at its meeting of 1 April 2019 confirmed it’s intention to declare a new special rate for the five (5) existing special rate schemes for marketing and promotion. View the agenda and minutes for this meeting.
On 9 April 2019 public notices showing the special rate payable were sent to all property owners and occupiers of properties that will be subject to the proposed special rate.
From 9 April 2019 to 9 May 2019 submissions and objections to the proposed special rate may be received.
On 27 May 2019 all submissions and valid objections that are received will reviewed by Council, people can elect to speak to their submissions, but not their written objections. At its meeting of 3 June 2019 Council will formerly consider the submissions and objections that are received.
On 24 June 2019 Council will decide whether to proceed with the declaration of the proposed special rates.
In July 2019 if Council does proceed with the declaration of the special rates, a special rate notice will be sent to all property owners. As part of the legislative process appeals may be lodged with the Victorian Civil and Administrative Tribunal (VCAT).
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:
What happens with the money collected?
The council collects the special rate and the forwards the money to the Shopping Precinct Associations to facilitate projects and activities to promote their precincts in line with strategic Plans and yearly action plans that they have submitted to Council. The funds are provided under a funding agreement with the Association that outlines what the funds can be spent on.
View contact information for the business associations.
Any other queries regarding special rates contact Council’s Service Centre on 03 8290 1333 or email Specialraterenewals2019@stonnington.vic.gov.au.