This report outlines IPART’s proposed approach to implementing the NSW Government’s rate path freeze policy for new councils that was provided to the Minister for Local Government on June 9 2016.
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%.
This Information Paper that includes information on IPART’s rate peg methodology and the rate peg for each council for 2022-23.
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.
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.