Ashfield and Marrickville Special Rate Variations
INNER WEST LOCAL COUNCIL SPECIAL RATE VARIATIONS APPROVED 19 May 2015 The Independent Pricing and Regulatory Tribunal (IPART) has approved applications from Ashfield and Marrickville councils to increase general income by more than the rate peg amount of 2.4% from 1 July 2015. Ashfield Council applied for 4 consecutive increases of 7.5% in 2015-16, 8.2% in 2016-17, 8.9% in 2017-18 and 9.3% in 2018-19, all including the annual rate peg, to be retained permanently in its rates base. Marrickville Council applied for a permanent increase of 5.4% from 1 July 2015, including the rate peg. In approving the councils’ applications, IPART has imposed conditions requiring that the additional income be used for the purposes outlined in the applications, and that the councils report to their communities in their annual reports each year until 2024-25 on the outcomes achieved. Source: Media Release Ashfield Council Expenditures to be funded from the special variation above the rate peg Table A.1 an...