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 media release provides information about NSW councils that have notified IPART of their intention to apply for a special rate variation or minimum rate increase for 2021-22.
Lismore City Council has applied to the Independent Pricing and Regulatory Tribunal (IPART) to increase its general revenue above the rate peg in 2020-21.