Hello team

GRC has capping on residential categories to limit the increase in rates by 10%. Movement of assessments from one category to another (still within the capping group) has had many assessments have their general rate increase above the 10% to allow for the minimum to be levied.

E.g. Assessment 1234

21/22 general rate residential 1 - $5,711.49

22/23 general rate residential 2 – capped $6,282.64 or $8,070.00 minimum

Should the benefit be for the ratepayer under the Limitation of increase in rates or charges levied (capping)? 

Thoughts?

Thanks

Christina D