Special Rates Variation

Application to IPART

Special Rate Variation Application to IPART

Council has submitted an application to IPART for a permanent increase to land rates in accordance with Council’s resolution of 23 January 2023.

23 -16 RESOLVED

THAT Council:

  1. Submit a Special Rate Variation application (by 3 February) under Section 508(2) of the NSW Local Government Act for a permanent Special Rate Variation (SRV) 45.7% increase (including 3.7% rate peg) in 2023/24 for the primary purposes (based on IPART categories) of:
    1. Improving financial sustainability;
    2. Maintaining existing services; and
    3. Reducing infrastructure backlogs for asset maintenance and renewals.
  2. Reaffirm its commitment to limiting any increase in the residential, farming and business (general) rating categories to 27.7% (including the 3.7% rate peg) with the balance of the SRV funds required to be levied against the business power generation sub-category, mining category and a new quarrying business sub-category or sub-categories.
  3. Adopt the updated Integrated Planning & Reporting documents. This includes the following plans:
    1. Supplementary Community Strategic Plan 2035.
    2. Supplementary Combined Delivery Program 2022– 2026 and Operational Plan 2022/23.
    3. Updated 2022-2032 Long Term Financial Plan.
    4. Updated 2022-2026 Workforce Plan.
    5. Updated 2022-2032 Strategic Asset Management Plan

 

Community Submissions to IPART

IPART have placed Lithgow Council’s application on public exhibition and submissions are open until Friday 3 March. Submissions must be made online using the IPART Submission form. Further information and the submission form are available on IPART’s Special Variations webpage – https://www.ipart.nsw.gov.au/Home/Industries/Local-Government/Reviews/Special-Variations-Minimum-Rates/Special-Variations-Minimum-Rates-2023-24

 

Application

Lithgow City Council’s application to IPART and supporting documents are available for viewing below: