This Media Release list the councils that have notified IPART of their intention to apply for either a special variation to increase their general income above the rate peg, or for a minimum rate increase, in 2017-18.
This Media Release outlines the details of the twelve applications that have been received by IPART from NSW local councils to increase their general revenue above the rate peg in 2016-17.
IPART is seeking feedback on draft recommendations for potential changes to the local government rating system which aim to provide councils with more options to levy rates, whilst ensuring NSW ratepayers would be protected against excessive rate
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.
The Independent Pricing and Regulatory Tribunal is conducting a series of regional workshops as part of its review of the revenue framework for local government.