Why Have My Rates Gone Up?

Warragamba Panorama

Why Have My Rates Gone Up?

Posted on: 26.07.2018

As most Wollondilly property owners will be aware, the 2018/2019 Rates and Charges Notices were issued on 18 July, 2018. Many of you may wonder why your rates are higher than last time. On 19 May 2015, IPART determined that Council’s application for a Special Rate Variation (SRV) of 10.8% per annum for four years had been approved.  2018/2019 is the last year of this approved SRV. The SRV has enabled Council to fund a program of maintenance and renewal of key infrastructure assets and improve our long term financial sustainability.

Further information about the SRV and Council’s Delivery Program and Operational Plan can be found at www.wollondilly2033.com.au.

The NSW Audit Office has endorsed Wollondilly Council’s approach – you can read more about this by following the link: https://www.wollondilly.nsw.gov.au/home/mediareleases/shaping-the-shire-nsw-audit-office-endorses-wollondillys-approach-to-srv-expenditure/