Page 4740 - Week 12 - Thursday, 1 November 2018
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(2) See response to (1).
Business—commercial rates
(Question No 1843)
Mr Coe asked the Treasurer, upon notice, on 21 September 2018:
(1) What was the average commercial rates in Phillip for each financial year from 2007-08 to date.
(2) What was the average unimproved value of commercial properties in Philip for each financial year from 2007-08 to date.
(3) What is the total value of revenue collected from commercial rates in Phillip for each financial year from 2007-08 to date.
(4) What is the total value of revenue received from amended rates notices issued in Phillip for each financial year from 2007-08 to date.
Mr Barr: The answer to the member’s question is as follows:
(1), (2) and (3) See Table below.
|
Financial Year |
Average Commercial Rates |
AUV |
Revenue Collected |
|
2007-2008 |
$10,357 |
$789,091 |
$2,941,463 |
|
2008-2009 |
$11,583 |
$908,149 |
$3,049,510 |
|
2009-2010 |
$11,658 |
$1,037,110 |
$3,575,940 |
|
2010-2011 |
$12,508 |
$1,049,843 |
$3,213,031 |
|
2011-2012 |
$11,551 |
$907,755 |
$3,213,031 |
|
2012-2013 |
$26,158 |
$850,362 |
$7,037,762 |
|
2013-2014 |
$34,393 |
$832,557 |
$9,209,660 |
|
2014-2015 |
$40,775 |
$821,700 |
$10,349,449 |
|
2015-2016 |
$39,295 |
$838,240 |
$11,087,845 |
|
2016-2017 |
$42,487 |
$852,466 |
$11,847,989 |
|
2017-2018 |
$43,975 |
$965,358 |
$13,507,771 |
|
2018-2019 YTD |
$55,836 |
$1,007,048 |
$4,001,100 |
The average commercial rates increase from 2011-12 to 2012-13 reflects that commercial land tax was abolished and incorporated in commercial rates as part of the Government’s tax reforms.
(4) I have been advised by my directorate that the information sought is not in an easily retrievable form, and that to collect and assemble the information sought for the purpose of answering the question would require an unreasonable diversion of resources.
Government—rates
(Question No 1844)
Mr Coe asked the Treasurer, upon notice, on 21 September 2018:
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