Rates facts, myths and FAQs

Rates facts

Important information about rates and charges for 2024-25

Allowable rate increase:

  • Kiama Council proposes to increase its total rate income for the financial year 2024-25 by 4.5%
  • The Independent Pricing and Regulatory Tribunal (IPART) set the allowable rate increase (rate peg) for all NSW Councils.

 

Residential rates

  • Council gets 50% of its overall residential rates income from the Base Amount and 50% from the Residential (rate-in-the-dollar) amount.
  • Your residential rates notice also contains taxes for:
    • Domestic waste – this is to pay for your bin service. Please check/confirm you are being charged for the right size bin and the correct number of bins (note ‘1’ in the Rateable Value or Number column indicates one service, which includes a red, yellow and green bin. If you have more than one red bin, this number will reflect that.)
    • Residential Stormwater – this is a fixed $25 charge to all residential ratepayers and $12.50 to residential strata units, helping us to fund our municipality’s extensive stormwater management network.

Hardship

Council recognises that due to exceptional circumstances, ratepayers may at times encounter difficulty paying their annual rates and charges. Council has a Debt Recovery and Hardship Assistance Policy(PDF, 555KB) that provides a framework for providing relief to any ratepayers who are suffering genuine financial hardship. 

Apply for hardship relief.

Rates Myths

 

 

Rates FAQs