Reply To: 2020/21 – Rate Peg

#18477
Simone Fisher
Participant

    Wollondilly

    Hi Lyndal, Wollondilly is applying the full 2.6% rate peg. Our new year rates have just come off public exhibition & I’m not aware of any submissions being received. Our Councillors did look briefly at not applying the rate peg but being a general valuation year our analysis showed that around 50% of our assessments would have increased due to valuation changes anyway. It was therefore decided that not increasing income by the rate peg may become lost on allot of assessments & it may be difficult to explain to ratepayers that receive an increase resulting from a valuation change.

    Regards,

    Simone