No valuations before rates arrive
RATEPAYERS will not receive new valuations on their properties before next year's rates bill arrives in the post.
Department of Natural Resources and mining valuer-general Neil Bray said the decision came after consulting with local governments, local groups and industry stakeholders and the consideration of a market survey report.
"When undertaking the market survey, valuers from the State Valuation Service consider the property sales evidence since the last annual valuation was made and the predicted movement that this market evidence has had on the value of land," he said.
"The SDRC area will be assessed again in 2013."
A council spokeswoman said the council had requested land valuations be carried out across the region again next year.
"Significant changes in valuations between valuations may affect ratepayers, but rates are based on land valuations and what council's revenue requirement is at that time," she said.