To secure the financial future of the Shire, Narrandera Council has decided to apply to the Independent Pricing and Regulatory Tribunal (IPART) to seek increases to the ordinary rate income by implementing a Special Variation (SV) over two years. The increase includes 25.5% in year one and 18% in the second year, beginning in the 2024-25 financial year. This increase, including the rate peg, will be deemed a permanent adjustment retained within the rate base. Council will make relevant applications to IPART in February 2024.
The Council acknowledges the impact of the proposed increase on properties currently rated as “Farmland” and has requested the General Manager to provide a report to Council before 30 June 2025, assessing the appropriateness of the current balance of rates income among farmland, residential, and business properties.
In alignment with Council’s commitment to continuous improvement, the General Manager has been authorised to implement the Improvement Plan adopted by Council in June 2023. Regular reporting on the outcomes of this implementation will be provided to Council every six months.
By adopting this recommendation, Narrandera Shire Council aims to ensure the long-term sustainability and growth of the Shire, while maintaining an equitable balance between ratepayers. The Council remains committed to providing essential services and delivering valuable projects within the community.
