How your rates are set and spent

Each council takes the total rate revenue to be collected and divides it by the total value of all properties in its municipality to calculate the rate in the dollar.

This ensures councils do not receive more money when property values rise.

The rate in the dollar is then multiplied by the market value of each property to ensure each ratepayer contributes a fair share.

We will add the municipal charge which is also included in the rate cap. Waste charges and your fire services property levy are then added to your general rates notice to determine the total amount you will pay.

Capital Improved Value (property and land) and Site Value (land only) are separate valuations and not added together. 

Capital Improved Value: CIV is the total market value of the property including land and all improvements. Site Value (SV)

Site Value: SV is the value of the land only (assuming vacant land with no buildings). These valuations may be used by other authorities for the purpose of a rate or tax. 

Net Annual Value: NAV is relevant for non-residential properties, commercial, tenanted or investment properties. NAV for residential properties is approximately 5% of the capital improved value. 

Find out more about valuations

Rate capping is a limit set by Victorian Government on how much Councils can collect each year. The rate is set for 2023/24 is 3.5%. 

Your rates may have increased by less or more than 3.5%, dependent on your valuation in comparison to the rest of Bayside.

The Municipal Charge covers administrative costs and applies to all properties equally, irrespective of value.

We list a breakdown of your rates and charges on the back of your annual notice. The Municipal Charge is subject to the rate cap.

Every property in Bayside pays a waste service charge, regardless of if they have a bin at the property or not.

We introduced a contribution fee to ensure that every owner is equally supporting and paying for services such as cleaning and waste management in public areas such as street sweeping, street bins and beach cleaning.

Food and green waste is an optional service and is not paid for by residents who do not have the additional collection.

Our property's waste service charge will be listed on the back of your rates notice.

There are different options waste bin sizes and waste bin types for ratepayers to choose from. Additional bins may also be requested (fees apply). 

If you have a waste bin at your property - your waste charge will pay for the weekly green waste,  fortnightly garbage & recycling and hard rubbish collection plus a contribution fee. 

If you do not have a waste bin at your property you will only pay a contribution fee, which covers services such as street sweeping, public bins and beach cleaning.

Food and green waste is an optional service and is not paid for by residents who do not have the additional collection. This is a one-off additional fee and will not appear on your rates notice.

If you wish to discuss alternative waste service options, please contact 9599 4444 for more information.

As part of your rates, we collect the Fire Services Levy on behalf of the Victorian State Government.

Find out more about the Fire Services Property Levy

If you live in a Bayside property and hold one of the below eligible concession card then you can apply for a rebate.

Eligible concession cards:

• Pensioner Concession Card - Issued by Centrelink or Department of Veterans' Affairs
• Department of Veterans’ Affairs Gold Card - War Widow (WW)
• Department of Veterans’ Affairs Gold Card - Totally and Permanently Incapacitated (TPI)

Criteria:

• Your concession card must be valid at the time of application.
• You are the person responsible for payment of the account.
• Your name is on the rate notice.
• Your name and address on the account must match that on the concession card, and the address must be your principal place of residence.

Please note that Health Care Cards or Senior Cards are not accepted.

Apply for a pensioner concession

If you have queries or concerns regarding your rates calculations then you can submit a rates valuation enquiry or call us on 9599 4444.

Different municipalities require different levels of funding for services. Find out more about how we compare to other regions at Know Your Council.

It’s a legislative requirement that the name(s) of all property owner(s) must appear on the rates notice for a property.