West Torrens has almost 31,000 ratepayers, 90 per cent being residential. Rate and rate equivalent income raised in the 2019/20 financial year totalled $59.4 million. 59 per cent (or $35 million) of the amount raised involves residential property, with the remainder being non-residential.
While the current crisis is in its infancy, there is no doubt that an increasing number of ratepayers will experience some form of financial difficulty from the current crisis. In order to assist our ratepayers, Council will:
- not impose fines and interest penalties on overdue Council rates
- suspend debt recovery action on unpaid Council rates
- not take action to sell properties under Section 184 of the Local Government Act 1999
- convert final notices for rates into reminder notices that make no reference to the taking of legal action for non-payment.
These arrangements will be in place for six months from 1 April 2020.
Policy arrangements are already in place to deal with financial hardship and the COVID-19 Rates Financial Hardship Policy can be found here
Estimated value of this support measure, $80,000. This value does not include hardship relief, as it is not possible at this stage to estimate the value of any rate relief that might be provided on hardship grounds