This cap applies to the average annual increase of rates and charges meaning your rates won’t necessarily change by two percent - the percentage can differ based on:

• the valuation of your property relative to the valuation of other properties in the municipality
• the application of any differential rate by the City
• the inclusion of other rates and charges not covered by the State Government’s rate cap including the waste service fee.

The capping of Council rates - The complex policy is explained below.