Victorian Current Acts Victorian Current ActsThe "base" average rate , in relation to a Council, means the rate calculated according to the following formula—
where—
BAR is the base average rate; and
Rb is the total annualised revenue leviable from general rates, municipal charges and any other prescribed rates or charges on rateable properties within the Council's municipal district as at 30 June in the base year; and
L is the number of rateable properties within the Council's municipal district as at 30 June in the base year.
Note
The total annualised revenue leviable in the base year includes revenue that is budgeted as at 1 July of the base year and the full year effect of annualised supplementary rates.