This fact sheet summarises IPART’s decisions on council applications for special variations and minimum rate increases in 2015-16.
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%.
IPART is seeking stakeholder views on how councils should index contribution rates between the adoption of a local infrastructure contribution plan, and the revision of the contributions plan.
This fact sheet provides information for councils and ratepayers about applications to increase minimum rates (MRs). It also describes some modifications to our assessment approach for 2020-21.
In our June 2015 Technical Paper1, we recommended that councils adopt a specific method to calculate the discount rate for use in net present value (NPV) modelling of contributions plans.
It is longstanding NSW Government policy for local councils’ general income to increase each year in line with council costs.
This fact sheet summarises IPART’s determinations for 13 council applications to increase rates by a special variation in 2019-20.
IPART requests councils to complete a Cost Survey that will be used to update the Local Government Cost Index (LGCI).
This Fact Sheet summarises water and sewerage prices, regulated by IPART, commencing on 1 July 2015 for Sydney Water, Hunter Water, Gosford City Council, Wyong Shire Council, and Essential Water customers.
IPART has released a final technical paper about the financial modelling of local development contributions. The final technical paper explains how councils should select a discount rate when they use a Net Present Value (NPV) methodology.