This fact sheet summarises which councils have notified us of their intention to apply for a special variation to their general income or for an increase in minimum rates (MR) in 2017-18.
IPART has made decisions about 24 applications from councils to general income (mainly rates income) by more than the rate peg from 2013/14. This fact sheet summarises our decisions.
Our Technical Paper - Modelling local development contributions in a present value framework, recommends that councils adopt a specific method to calculate the discount rate for use in any net present value (NPV) modelling of contributions plans.
This Fact Sheet outlines some key details on an Issues Paper IPART has released as part of its review of the rating system for local government in NSW.We seek feedback from councils, ratepayers and the community, NSW government agencies, and other
MEDIA RELEASE2017-18 RATE PEG FOR NSW LOCAL COUNCILS29 November 2016Continuing low inflation and minimal growth in council costs will limit the increase in the general income local councils can recover to 1.5% in 2017-18.
2 December 2013Increases in local council general income will be capped at 2.3% in 2014/15 under a decision on the annual rate peg announced today by the Independent Pricing and Regulatory Tribunal (IPART).The rate peg sets the maximum increase of