Ratepayer summary - Bayside Council - 2021-22 minimum rates
IPART has approved applications by eighty-six NSW councils to increase their rates above the level of the annual rate peg.
IPART has made decisions on special variation applications from eight councils to increase their income from rates above the rate peg.
This media release provides information about council applications received by IPART for special rate variation or minimum rate increase for 2022-23.
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
The Media Release provides information about our decisions on councils’ 2022-23 special variation and minimum rate applications.
IPART has announced the rate peg for 2023-2024, and released an Issues Paper for it’s review of the rate peg methodology.
IPART is seeking feedback and submissions from the public on the review of the rate peg methodology to include population growth.