News

Progression of a Special Rate Variation Application for 2023/24

6 February 2023

On 23 November 2022, a report was presented to Council seeking adoption of the updated Long Term Financial Plan (LTFP) for 2023/24 – 2032/33 and recommending the progression of a Special Rate Variation (SRV) Application for 2023/24 with the Independent Pricing and Regulatory Tribunal (IPART).

The Business Paper also noted that the purpose of the SRV is to address the ongoing resilience of Council’s capacity to support its community through the continuation of current services (financial sustainability), long term sustainable management of community assets and the implementation of identified priority strategic initiatives.

Council resolved to:

  • advise IPART by 25 November 2022 of its intention to make application for an SRV in respect of the 2023/24 financial year
  • adopt the updated LTFP for 2023/24 to 2032/33
  • progress its SRV application such that it is completed and submitted to IPART by the due date of 3 February 2023
  • increase its pensioner rate concession by $50, to $300 per annum, commencing from the 2023/24 financial year, subject to the approval of the SRV application by IPART
  • undertake a comprehensive review of Council's Hardship Policy in accordance with both the guidelines provided by the Office of Local Government and current industry best practice.

View Council Agenda Item 1 – 23 November 2022.

View Council Minutes – 23 November 2022.

On Thursday 2 February, Council submitted its application for an SRV to IPART. IPART will now review the application and place it on public exhibition for comment.

Ratepayers can sign-up on IPART’s website to be notified when IPART commences community consultation on Council’s application.


Council's Application – February 2023

Click on the links below to view the various parts of Council’s application to IPART for an SRV.

Two confidential documents were also included in the application.

  • Combined attachments\17_18_19_34 – Asset Management Plans (Confidential)
  • Attachment 35 – Strategic Initiatives for SRV (Confidential)