Council-under-administration’s submission to the Federal Parliamentary Inquiry into Local Government Sustainability lists all the pressures councils in general face. They include: 1/ Rate pegging poses a notable constraint on local government finances, limiting the extent to which councils can adjust rates to provide suitable services and meet community expectations. 2/ Cost … [Read more...] about Poor? Let me count the ways
Rate peg
IPART looks at new rate peg options
Councils should spend on “needs” rather than “wants” suggested a speaker at the IPART public meeting into rate pegging on Tuesday, July 18. It was a concept quickly applauded by others who agreed that Council prioritisation was an issue across the State. A three hour zoom meeting on Tuesday, July 18, held by the Independent Pricing and Regulatory Tribunal (IPART) to discuss its … [Read more...] about IPART looks at new rate peg options
Sign up to speak up on the rate peg system
The Independent Pricing and Regulatory Tribunal (IPART) says it welcomes the terms of reference from theNSW Government to investigate and address concerns identified with the local government rate peg.IPART has been setting the rate peg for councils across NSW since 2010. The rate peg protects ratepayers from excessive increases in council rates by limiting the total amount by … [Read more...] about Sign up to speak up on the rate peg system