Why have my rates increased?

The rate in the dollar is determined by a budget process to calculate the total amount of rate revenue that Council needs to maintain our services and deliver future projects. This amount is divided by the total value of the properties within the Frankston City Municipality (this amount changes every year). 

The result of this could be that your Capital Improved Value (CIV) has decreased but the rate in the dollar has increased by a higher amount. This would result in an increase to your rates.