Processes behind general land valuations in the Narrandera Shire has been explained.

The Narrandera Council explained that the 2025 NSW Valuer-General land values as presented by Value NSW that supports the functions of the Office of the Valuer-General.

These 2025 values are to be used from July 2026 for the purpose of levying an ordinary rate on rateable lands.

The revaluation cycle by the NSW Office of the Valuer-General occurs every three years. July 2025 land values will be used for the 2026-27, 2027-28 and 2028-29 rating years.

The Office of the Valuer-General notified property owners of their new land valuation by a letter issued directly from the Office of the Valuer-General. This correspondence also detailed the appeal process should a property owner believe that there is a basis for an objection against the assessed 2025 land value.

Property owners have 60 days from the date of issue of the advice to lodge an objection.

Council has no involvement in either the valuation process or the objection review. All enquiries are managed by the Office of the Valuer-General.

Important facts are:

• An increase in the valuation does not automatically mean an increase in the dollar amount payable for the ordinary rate.

• For the dollar amount of the ordinary rate to increase for an individual property, the individual property valuation must increase by a greater percentage than the average percentage increase for that rate category or sub-category.

• A decrease in the valuation does not automatically mean a decrease in the dollar amount payable for the ordinary rate.

• For the dollar amount of the ordinary rate to decrease for an individual property,

• The individual property valuation must decrease by a greater percentage than the average percentage decrease for that rate category or sub-category.

• Greater variations may be expected depending on the number of successful land valuation appeals to the Office of the Valuer-General by property owners and the application of apportionment values for various allowances.

• Revenue from the ordinary rate is one of the primary sources of revenue for Council.

It is therefore important to ascertain the impact of new valuations on the existing rating structure and upon individual property owners.

The 2025 values are to be used from July 2026 for the purpose of levying an ordinary rate on rateable lands.