Special Rate Variation 2018/19 and 2019/20
Like many councils across NSW, Council faces the challenge of how to best maintain services and ageing infrastructure – the cost of which is rising faster than Council’s income.
Following the August 2017 Meeting, Ballina Shire Council resolved to proceed with community consultation on a special rate variation proposal (SRV) above the rate peg set by the NSW Government.
The proposed rate increase below has now been approved by the Independent Pricing and Regulatory Tribunal (IPART), for 2018/19 and 2019/20. The total special rate variation is as follows:
For more detailed information, please review the links below.
Independent Pricing and Regulatory Tribunal (IPART) NSW
IPART provides independent regulatory decisions and advice to protect the ongoing interests of the consumers, taxpayers and citizens of NSW.
- IPART media release for NSW SRV requests approved for Ballina, Bellingen, Clarence Valley, Lismore and Kempsey - 15 May 2018 (PDF 72kb)
Financial and Operational Documents
As part of the public consultation process, Council will also re-exhibit the Delivery Program/Operational Plan from September to October 2017.
- Delivery Program and Operational Plan - 2017/18 to 2020/21
- Community Strategic Plan - 2017/2027
- Long Term Financial Plan 2017/18
- Long Term Financial Plan Budget - 2017/2018
Fit For The Future
The NSW Government established its Fit for the Future Program in 2014 where all Councils in NSW needed to identify how they would comply with a range of financial criteria to demonstrate that they were financially sustainable. In responding to this program, Ballina Shire Council submitted a proposal to increase the general rate income above the standard rate pegging limit for a three year period from 2017/18 to 2019/2020. The proposal was submitted to IPART and Ballina Shire Council was identified as Fit for the Future. Both submission and determination documents are available below :
Like To Know More ?
If you have further questions regarding this Special Rate Variation Proposal, please refer to the Frequently Asked Questions.