The Victorian Government has established the Fair Go Rates System (FGRS - otherwise referred to as 'rate capping'), which is a framework limiting the maximum amount councils may increase rates in a year without seeking additional approvals.
The 2019-2020 Frankston City Annual Budget includes a capped increase in the average base rate of 2.50 per cent.
Q and A on Rate Capping
More Information on Rate Capping
Visit the Essential Service Commission website.