Property rates fund a wide range of facilities, services, and operations in the City of Subiaco.
When adopting our budget each year, the City looks at the cost to run itself and minuses any non-rate revenue. The remaining figure outstanding shows what is needed to be generated by rates for the financial year. This figure is divided by the rateable properties that fall within our City to give us our rate in the dollar.
This rate is multiplied against the individual property’s gross rental value (GRV) to calculate each person’s rates; and combined with any additional yearly fees (e.g. waste service) to give your individual annual rates.