Circulars

18-31 – Special Variation and Minimum Rate Variation Guidelines and Process for 2019-20

Category: Circular to Councils Status: Active
Circular Details: 18-31 / 8 October 2018 / A618017 Contact: Policy Team – 02 4428 4100
Previous Circular: 17-35 Attachments: Nil
Who should read this: Councillors / General Managers / Council Finance and IP&R staff Action required: Information
PDF Version: Council Circular 18-31 – PDF

What’s new or changing

  • The timetable for 2019-20 Special Variation and Minimum Rate Variation applications has been released.
  • The Guidelines that apply to 2019-20 Special Variation and Minimum Rate Variation applications have been published.

What this will mean for your council

  • All eligible councils intending to apply for a Special Variation or Minimum Rate Variation in 2019-20 should contact IPART well in advance of submitting an application.
  • The Guidelines outline the process for all eligible councils seeking to apply for a special or minimum rate variation for 2019-20.

Key points

  • IPART has set the 2019-20 rate peg at 2.7%. Council applications need to reflect the actual 2019-20 rate peg. Councils should assume the rate peg for 2020-21 and in future years is 2.5%.
  • New councils (except for MidCoast Council) are not eligible for a special or minimum rate variation for the 2019-20 rating year.
  • Councils are to submit requests for a Crown Land Adjustment to the Office of Local Government.
  • The timetable for the 2019-20 Special Variation and Minimum Rate Variation applications is outlined within this circular. Please note, this timetable is not be included in the Guidelines and will only be communicated via this circular.

2019-20 Application Timetable
Date                                                      Outcome
30 November 2018                            Notifications for Special Variation or Minimum Rate variation applications due to IPART

11 February 2019                                Special Variation applications due to IPART

11 March 2019                                    Minimum Rate Variation applications due to IPART

14 May 2019                                       Determinations announced for Special Variations and Minimum Rate Variations

Where to go for further information

Tim Hurst
Chief Executive