The Current Differential Rating System
The rate in the dollar made and levied in respect of each specified category of rating units shall vary from the rate in the dollar in respect of any other specified category of property as set out below:
|
Category |
Differential Factor |
|
Residential (RE) |
1.00 |
|
Rural (RU) |
0.65 |
|
Business Accommodation (BA) |
3.00 |
|
Business Central (BC) |
4.50 |
|
Business Queensgate |
4.50 |
|
Business Suburban (BS) |
3.90 |
|
Utility Networks (UN) |
2.50 |
|
Community Facilities 1 (CF1) |
1.00 |
|
Community Facilities 2 (CF2) |
0.50 |
|
Community Facilities 3 (CF3) |
2.50 |
To see details of the full scheme, which includes definitions for each of these groups, see our Detailed Information on the Differential Rating System page.