Reply To: Coronavirus (COVID 19) – Rate Relief

#18954
Cherie Muir
Participant

    Shoalhaven

    Hi Lee
    No firm consideration here but yes it will come up given a prolonged event.
    Our Budget presentations to Councillors will occur shortly (virtually) and directions about rate relief may arise from there.
    What will that be? No interest charged, extension of due date (by decision to give grace), no interest if on an arrangement, etc.
    The State Govt may come out with something (like they did with the Bushfire crisis) clearly instructing us what to do.
    We do expect cash flow implications as the 4th Instalment is unlikely to get the same payment response that it would in a normal year.
    And of course other revenue streams that won’t be realised due to cancellation of services, etc.

    Thanks for starting this thread. I hope all is well in your world.
    Cherie