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At the Ordinary Council Meeting held on the Wednesday 23 November 2023 Council committed to proceed with a section 508(A) (permanent) Special Rate Variation option in order to address Armidale Regional Council’s (ARC) financial sustainability and maintain essential community infrastructure including Council’s road network, footpaths and community buildings.
On the 3 February 2023 ARC submitted to the Independent Pricing and Regulatory Tribunal (IPART) a Permanent Special Rate Variation application of 50% (58.8% cumulative) to be phased in over a three-year period commencing in 2023-2024.
On 15 June 2023 the Independent Pricing and Regulatory Tribunal (IPART) approved a permanent 58.8% over 3 years - 16.67% in 2023-24, 16.67% in 2024-25 and 16.66% in 2025-26.
At the Ordinary Council Meeting held on the Wednesday 23 November 2023 Council committed to proceed with a section 508(A) (permanent) Special Rate Variation option in order to address Armidale Regional Council’s (ARC) financial sustainability and maintain essential community infrastructure including Council’s road network, footpaths and community buildings.
On the 3 February 2023 ARC submitted to the Independent Pricing and Regulatory Tribunal (IPART) a Permanent Special Rate Variation application of 50% (58.8% cumulative) to be phased in over a three-year period commencing in 2023-2024.
On 15 June 2023 the Independent Pricing and Regulatory Tribunal (IPART) approved a permanent 58.8% over 3 years - 16.67% in 2023-24, 16.67% in 2024-25 and 16.66% in 2025-26.
Special Rate Variation 2023-2026 has finished this stage
Council discussed the SRV option with the community during the budget consultations
Have your Say
Special Rate Variation 2023-2026 has finished this stage
Council has resolved to seek community comments regarding the SRV option
Council Decision
Special Rate Variation 2023-2026 has finished this stage
Community comments will inform the Council's decision in November as to whether to apply to IPART for an SRV
Apply to IPART
Special Rate Variation 2023-2026 has finished this stage
Should Council decide to apply for an SRV, the applications will be due to IPART in February 2023 for determination and to commence in July 2023
Application now with IPART
Special Rate Variation 2023-2026 has finished this stage
Council's application was lodged with IPART on Friday 3 February 2023.
IPART submissions open
Special Rate Variation 2023-2026 has finished this stage
Submissions close on 3 March 2023
IPART FINAL REPORT
Special Rate Variation 2023-2026 is currently at this stage
Decision June 2023
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Planning and budget community meeting held earlier in the year.
The mayor Sam Coupland hosted a budget meeting in May that discussed at length the challenges ahead for council and why we need to consider around a 50% increase to land rates.
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Online Community Briefing - Proposed 50% Special Rate Variation Consultation