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Managing the Government Estate - Desired Outcome - KPI's & Output Measures |
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Ensuring Security of Land Ownership - Desired Outcome - KPI's & Output Measures |
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Providing Accurate & Impartial Valuations - Desired Outcome - KPI's & Output Measures |
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Access to Government Land Information - Desired Outcome - KPI's & Output Measures |
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Certification of KPI's & Financial Statements |
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Desired Outcome
Independent valuations support Government’s collection of rates
and taxes, and management of property assets.
Western Australian ratepayers rely on accurate valuations for the provision of a fair, impartial and equitable rating base. The Valuer General and the Valuation Services Directorate provide an independent property valuation and consultancy service to the State Government, Local Governments and statutory authorities. Such valuations are made for a variety of reasons including sale, purchase, lease or compensation, stamp duty assessment, financial asset management and reporting.
The quality of property data is fundamental to the integrity of gross rental values and sales data. During the year the number of Local Governments assisting the Valuer General in identifying changes to buildings has increased resulting in an improvement in data quality. In addition, the Valuer General has through verification projects and the field work associated with valuation program, improved existing property records. Approximately 60,000 property records have been improved over the year.
With the implementation of the New Tax System by the Federal Government there has been an increasing need by government agencies to consult the Valuer General for advice on valuations where the use of the Margin Scheme is a significant advantage. When Federal or State Government agencies sell and or develop land complex situations arise as to the appropriate scenario depending on when and how and in what State the land was when originally purchased. Valuations are generally requested as ‘valuation certificates’ required under GSTR 2000/2001.
The SLA’s, involving the provision of valuation services to the Indian Ocean Territories with the Water Corporation and the Commonwealth Government, have proven very successful when reviewed and renewed.
Service level protocols were confirmed with the Office of State Revenue as a precursor to the creation of a SLA in 2003/04.
In response to an increasing need for Plant and Equipment valuers, three valuers moved through varying stages of the qualification process in 2002/03. Due to competitive market conditions, both fully qualified resources were lost to the private sector.
The Valuer General liaised with a working party of stakeholders in relation to the establishment of a lease register. This initiative awaits the report and recommendations of the committee.
The Metropolitan Branch completed 542,752 unimproved values and 44,102 gross rental values required to maintain the valuation base for the determination of rates and taxes within the Perth metropolitan area.
A total of 1419 objections, appeals and queries against rating and taxing values were processed. 8371 values were made for purposes other than for rating and taxing.
The Country Branch made a total of 320,177 unimproved values and 75,606 gross rental values for rating and taxing throughout Western Australia.
Additionally, a total of 773 objections, appeals and queries against rating and taxing values were processed.
A total of 129,729 asset valuations for financial reporting and 23,378 valuations for other purposes were made.
The following 29 local governments, including the Indian Ocean Territories, were subject to General Valuation: City of Albany, Town of Northam, Shires of Ashburton, Bridgetown – Greenbushes, Boyup Brook, Carnamah, Christmas Island, Cocos- Keeling Islands, Coorow, Dalwallinu, Dandaragan, Dardanup, Denmark, East Pilbara, Gin Gin, Gnowangerup, Harvey, Jerramungup, Koorda, Moora, Mount Marshall, Northam, Shark bay, Trayning, Victoria Plains, Westonia, Wyalkatchem, Yilgarn,
Several major consulting projects commenced. These included the five yearly review under the Land Administration Act of the rentals of all 513 pastoral leases throughout Western Australia. This two year project requires the inspection and analysis of leasehold sales as well as the assessment of rents throughout Western Australia.
The taking of State corridor rights for the Dampier Bunbury Natural Gas Pipeline corridor required compensation valuations for 190 affected pastoral and farming properties between the Burrup and Bullsbrook areas.
A project requiring valuations for power easements beneath three 132kva transmission lines over some 200 general farming properties also commenced.
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