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S563 – Discount for propmpt payment in full

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  • August 13, 2014 at 5:14 pm #20015
    Melissa McCulloch
    Blocked

      Central Coast

      Good Afternoon RPs

      I would be interested to hear from Council’s who (if any) provide a discount for annual rates paid in full by 31 August to rate payers?
      If you do not provide a discount under this section of the legislation, but have entertained the idea, would you mind sharing your reasons for not pursuing.

      Cheers
      Mel

      August 14, 2014 at 8:12 am #20019
      Robert Hay
      Participant

        The Hills

        Hi Melissa

        We dont provide a cash discount because currently about 13% of people pay the full amount up front which means that to offer a very modest discount of say 1% would require the number of people paying up front to increase to about 22% for Council to break even. In simple terms, we believe the amount of the incentive we could offer would not be sufficient to change people’s payment behaviour sufficiently to not cost Council money.

        Robert

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