Local councils seeking a special variation to general income above the rate peg amount, or to increase minimum rate levels above the statutory limit, are required to submit applications to IPART for review and assessment.
Councils should contact IPART to discuss their application as early as possible in the process.
There are 2 special variation options under the Local Government Act:
- a single year increase under section 508(2), or
- a multi-year increase (of between 2 and 7 years) under section 508A.