MidCoast Council is set to apply for a Special Rate Variation (SRV) to the Independent Pricing and Regulatory Tribunal (IPART), following an extraordinary meeting held today, Wednesday, May 31.
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Around 20 to 30 people attended the meeting at the Forster Administration Centre at 2pm.
Three speakers from the public spoke out against the application for the SRV including former Greater Taree City councillor Peter Epov and Forster resident David Poole.
MidCoast Council administrator John Turner approved the recommendations, including:
- That council adopt the addendum to the 2016/2017 Delivery Program/Operational Plan that includes a special rate variation proposal, and note the submissions received during the public exhibition period.
- That council make an application to the Independent Pricing and Regulatory Tribunal (IPART) under section 508A for a special variation to its general income being a four year permanent increase as follows:
- 2017/2018 - 11 per cent (inclusive of a 6 per cent Environmental Levy and the rate peg)
- 2018/2019 - 5 per cent (inclusive of rate peg)
- 2019/2020 - 5 per cent (inclusive of rate peg)
- 2020/2021 - 5 per cent (inclusive of rate peg)
The agenda’s attachments detail the purpose of the increase is to address under-funding of renewals on council's road and bridge assets and to start addressing the asset backlog.
Mr Turner read from a prepared statement.