[Andrew Butcher]

Hi Suzi

Not that I am aware of anything at this stage. I am aware of a number of discussions between LGNSW and the Ministers Office in drawing attention to the issue and note the following resolutions came out of their Special Meeting held this week.

3 LGNSW Board – 2022-23 rate peg determination
That Local Government NSW:
1. Implores the NSW Government to urgently intervene and overturn IPART’s aberrant base line
rate peg determination of 0.7% for 2022-23 to ensure that no council is financially
disadvantaged.
2. Notes that this shock determination will have a devastating impact and exacerbate the financial
impacts on councils and communities of natural disasters and the ongoing COVID pandemic.
The total shortfall in rate revenue is estimated to be $80-$100 million in 2022-23, with a
compounded impact of up to $134 million over ten years. This issue goes to the very survival of
many councils in NSW and the Government is urged in the strongest manner possible to take
immediate action to save the sector from financial ruin.
3. Calls on the NSW Government to provide councils across NSW an operating grant equivalent to
the revenue difference between a 0.7% rate increase and what a 2.5% rate increase would have
been, noting this will still not adequately cover the cost increases being experienced by NSW
Councils.

I hope this is helpful.

Regards,
Andrew