How do Triennial General Revaluation Changes Affect My Rates?
Important Information About This Tool
- This tool is for illustration purposes only.
- This tool is intended to show how changes to land or capital values following a general revaluation may affect charges based on LV or CV.
- It must not be used to estimate total annual rates for the next rating year, as it is based solely on current‑year charges.
- Charges for future years are not confirmed until Council adopts the following year’s rates and passes the rates resolution.
- Fixed charges and rate‑in‑the‑dollar values will change after adoption and are not reflected in this tool.
- Fixed charges are not affected by changes in land or capital values.
Understanding Rating Valuations from QV
