Eight councils across NSW have applied to the Independent Pricing and Regulatory Tribunal (IPART) for a special variation to increase their income from rates above the rate peg in 2021-22.
For the first time, the amount that councils will be able to increase the revenue they can collect from rates will depend on their level of population growth, under the 2022-23 rate peg decision announced today by the Independent Pricing and Regul
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.
The Independent Pricing and Regulatory Tribunal (IPART) has today released a draft report proposing changes to the rate peg methodology and suggesting the NSW Government consider commissioning an independent review of the financial model for counc
IPART has released decisions on applications made by eight councils to increase general income above the 1.5% rate peg from 1 July 2017. Increases have been approved for Bellingen, Byron, Inverell and Port Macquarie-Hastings councils.
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.
14 councils across NSW have notified IPART of their intention to apply for a special variation to increase their general income above the rate peg in 2019-20.
