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If Council proceed with the implementation of DCP 118, would the NSW Valuer-General’s Department reissue revised Land Valuations and will there be a reduction in Council Rates?

April 26, 2017council dcp Department Implementation nsw proceed reissue revised

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If Council proceed with the implementation of DCP 118, would the NSW Valuer-General’s Department reissue revised Land Valuations and will there be a reduction in Council Rates?

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The Valuer-General’s Office have been notified of Council’s preparation of the proposed Shoalhaven Citywide LEP, and further upon the gazettal of the draft instrument in the future, the Valuer-General’s Office will be notified again of its gazettal. Land values will then be assessed accordingly by the Valuer-General’s Office. Further information may be sought directly from the Valuer-General’s Office at http://www.lands.nsw.gov.au/valuation, or telephone their Wollongong office on (02) 42759400.