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.
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.