Responsible rate increase in 2019-20 budget
The City of Norwood Payneham & St Peters has delivered an average rate increase of 1.85 percent for residential rate payers in the City.
The average residential rate increase of 1.85 percent will equate to a $27 increase over the year (or 51c per week), from $1468 to $1495 per year. Commercial property owners will experience an average rate increase of 2.92 percent, which equates to $72 per year.
Despite the Council voting to pass on the increase in the Solid Waste Levy to ratepayers in full, it was able to keep the average residential rate increase at 1.85 percent, which is still in line with the figures contained on in the Council’s draft Annual Business Plan and Budget that was released for consultation in May this year.
City of Norwood Payneham & St Peters Mayor, Robert Bria, said: “The Council is very disappointed with the State Government’s recent decision to dramatically increase the Solid Waste Levy by 40 percent—firstly from $103 to $110 per tonne as of 1 July 2019 and then to $140 per tonne from 1 January 2020.
“This unexpected and unjustified increase to the Solid Waste Levy, made without any consultation and at very short notice, completely undermines the State Government’s call for the introduction of rate capping for councils and has placed councils in a difficult position.
“Despite this decision, the 2019-2020 Budget continues the Council’s responsible approach to financial management and sustainability.
“The Council has worked hard to respond to the cost of living pressures on households and has kept the average residential rate increase to a low 1.85 percent,” he said.
The average rate increase is in line with the Council’s Long-Term Financial Plan, which aims to deliver fair and equitable rates over the plan’s life course. Over the past five years, the average residential rate increase in NPSP has been kept low, at 1.74 percent, with the average commercial rate increase at just 0.7 percent.
If the State Government’s rate capping legislation was in place, the Council’s rate increase is below the capped rate that would have applied to the Council.
Download: Annual Business Plan Summary 2019-20
The full 2019 – 2020 Annual Business Plan and Budget document will be available for download from this website soon.