Have Your Say
With Council having notified the Independent Pricing and Regulatory Tribunal IPART) of its intention to apply for a Special Rate Variation (SRV) to fund the ongoing operation, maintenance and upgrade of the Shire’s six pools, it is a requirement that Council’s Integrated Planning and Reporting documents and any updated associated plans be exhibited and adopted prior to a formal application being submitted.
The documents include the draft Revised Delivery Program 2017-2021 and draft Operational Plan 2020-2021, including Council’s Budget and Revenue Policy; the draft Fees and Charges 2020-2021; and the Swimming Pools Asset Management Plan. An amended Financial Strategy and Long-Term Financial Plan (LTFP) as elements of Councils Resourcing Strategy will also be on exhibition.
Special Rate Variation
Bega Valley Shire Council has notified IPART of its intention to apply for a three year SRV. The decision to formally apply for the SRV will be considered in February 2020 post community engagement throughout December and January. A Special Rate Variation (SRV) would provide long term security of swimming pool services to the community.
The proposed SRV, if applied for and then approved by IPART, would allow Council to increase general income above the rate peg increase, which is annually determined by IPART, and to raise the revenue from all rate payers to help keep our pools operating. This would ensure that the six pools meet all legislative and compliance requirements and are operating to modern standards. It also allows for fees to be kept at a level which is affordable to everyone.
If an SRV application is lodged, and is successful, ratepayers will pay a percentage increase on their existing rates. Council’s general rates are calculated using two parts. The first, the base rate is the same for all ratepayers, the second component is linked to the land valuation for the property. The amount Council applies for is indicated as a percentage rise in income generated and does not directly relate to the increase on each individual property.
To look at the impact of this and to calculate what your rates would look like if the proposed SRV was applied visit our Rate Estimate calculator (we are fine-tuning our Rate Calculator and will have it available online shortly). Please have your current yearly rate notice at hand to help you make this calculation. This will show what the impact would have been in this year and will provide an indication as to the amount of the increase for your property next year.
Work out how much you will pay by using our
online rate calculator
(we are fine-tuning our Rate Calculator and will have it available online shortly)
To explain how the proposed SRV would affect you, Council is sending a detailed brochure to all ratepayers in early January. The brochure explains how the proposed SRV will be introduced over three years, as set out in the table below.
The following table presents the proposed percentage increases. It is important to note that the cumulative impact isn’t a sum of the annual increases. It is the difference between what rates are at the end of the three-year period compared to the start.
Note: Figures are rounded. 2.6% rate peg confirmed for 2020/21
Have Your Say
Council is looking for your feedback on the draft Revised Delivery Program 2017-2021 and draft Operational Plan 2020-2021, including Council’s Budget and Revenue Policy; the draft Fees and Charges 2020-2021; and the Swimming Pools Asset Management Plan. An amended Financial Strategy and Long-Term Financial Plan (LTFP) as elements of Councils Resourcing Strategy will also be on exhibition. These documents have been updated to reflect the proposed Special Rate Variation. Council will consider all feedback when it reviews the responses in early 2020, prior to the decision to formally apply for the Special Rate Variation.
Have your say by:
- Email: firstname.lastname@example.org
- Post: General Manager, Bega Valley Shire Council, PO Box 492, Bega NSW 2550
- Online: Comments can be left at the bottom of this page
Please submit your feedback by 11:58pm Friday 24 January 2020