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Last Updated
Thursday, May 16, 2019

IPART Approves Hunter’s Hill Council Special Variation to Rates

IPART have approved Council’s application for a special variation (SV) to rates. Council applied for an SV to increase its general income by 9.74% in 2019-20 to fund operating and capital expenditure for its buildings, parks, reserves and playgrounds, maintain its existing services and improve its financial sustainability.

Media Release

Hunter’s Hill Council has been advised that IPART have approved a Special Variation (SV) to rates in full. This will include:

• A 4.04% increase to be retained temporarily in the rate base for 10 years from 2019-20 to 2028-29, which is a renewal of a previous SV for community facilities and asset renewal program, which expired on 30 June 2017.

• A 3.00% increase to be retained permanently in the rate base, which Council intends to use to maintain current service levels.

• A 2.70% statutory rate peg increase.

Hunter’s Hill Council Mayor, Councillor Mark Bennett said, ‘Council put forward a strong case to IPART, which was supported by our community. The community understand that without a SV Council will be unable to maintain existing services and infrastructure.’

‘Council will continue to look at alternatives to ensure financial sustainability into the future.’ Said, Mayor Bennett.

This SV will provide Council with the opportunity over the next 18 months – 2 years to prepare and commence implementation of a Property Strategy, start to realise benefits from new technology and shared services arrangements and focus on delivering community based projects.

IPART has assessed the Council’s application against the criteria in the Office of Local Government’s Guidelines for the preparation of an application for a special variation to general income (the OLG Guidelines).

For further information visit: IPART website

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