You may recall in the IPART Issues Paper April 2016 page 40 they make mention of two methods in relation to distributing the rates burden – Fixed Share or Relative Change.
Which one do you use when you have a general revaluation?
Do you note the method you chose/use in the Revenue Policy?
We will be presenting both methods to Council and was wondering what the consensus is within the industry.
Tracey,
Canterbury Bankstown uses fixed share, and the revenue policy of the former Bankstown Council states the percentage. The revenue policy of the former Canterbury Council does not state the percentage.
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