IPART requests councils to complete a Cost Survey that will be used to update the Local Government Cost Index (LGCI). Councils are to submit their survey return, through IPART’s Council Portal, before close of business on Wednesday, 9 December 2015.
Since 2010, IPART has determined the allowable annual increase in local government general income (rate peg). The rate peg is determined having regard to the annual change in the LGCI and an annual productivity factor. The LGCI measures price changes over time for cost items relevant to NSW councils. This Fact Sheet provides guidance to councils on how to complete the survey.