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CITY OF HOLDFAST BAY

3/7/2024

ADOPTION OF VALUATIONS and DECLARATION OF RATES


NOTICE is hereby given that at its meeting on 25 June 2024, and in relation to the 2024/2025 financial year, the Council, in exercise of the powers contained in Chapter 10 of the Local Government Act 1999:


Adopted the most recent valuations of the State Valuation Office of the capital value of all land in its area totalling $21,541,353,260.


Declared a differential general rate of 0.195071 cents in the dollar of the capital value of rateable land, on rateable land used for Residential and Other Land uses;


Declared a differential general rate of 0.318515 cents in the dollar of the capital value of rateable land used for Commercial (Shop), Commercial (Office), Commercial (Other), Industrial (Light), Industrial (Other), and Vacant Land uses;


Imposed a minimum amount payable by way of general rate of $1,234;


Fixed a maximum increase of 10% (over the 2023/2024 general rate but subject to conditions) in the general rate charged on rateable land used for residential purposes that is the principal place of residence of a ratepayer;


Declared a differential separate rate of 0.121109 cents in the dollar of the capital value of rateable land:


•with a frontage to Jetty Road, Glenelg or Moseley Square: and


•within the side streets that intersect with Jetty Road, Glenelg between High Street, Glenelg and Augusta Street, Glenelg; and


•the entire site referred to as the Holdfast Shores 2B Entertainment Centre; and


•that has a land use of Category 2 (Commercial – Shop), Category 3 (Commercial – Office) and Category 4 (Commercial – Other);


Declared a separate rate of 0.942999 cents in the dollar of the capital value of rateable land within the Patawalonga basin bounded by the high water mark and fixed the maximum amount payable by way of this separate rate at $954;


Declared a separate rate by way of a levy of 0. 0072... cents in the dollar of the capital value of rateable land in the Council's area for the Regional Landscape Levy in the catchment area of the Green Adelaide Board.


Due dates for rates being 2 September 2024, 2 December 2024, 3 March 2025 and 2 June 2025.


R Bria

Chief Executive Officer

Adelaide 5000