The Independent Pricing and Regulatory Tribunal (IPART) is responsible for setting the rate peg each year. For 2013/14, we have set the rate peg at 3.4%.
The Independent Pricing and Regulatory Tribunal (IPART) has set the Rate Peg for 2014/15 at 2.3%. The rate peg determines the maximum allowable percentage increase in general income (mainly rates income) for most local councils in NSW.
This Information Paper provides guidance to councils about IPART's approach to assessing the criteria for community consultation, and how to consult with their communities about proposed special variation and minimum rate increases.
This paper sets out IPART’s recommended approach for councils to select a discount rate when using an NPV model to calculate development contributions.
This paper sets out IPART’s recommended approach for councils to select a discount rate when using a present value model to calculate development contributions.
Information paper prepared as part of IPART's review of the regulatory framework for setting of rates and charges for Local Government services in NSW.