Willoughby Council is currently consulting on a proposed Special Rate Variation (SRV). A SRV will mean an increase in rates to fund the maintenance and replacement of Willoughby’s enormous infrastructure network.
The reason Council is considering applying to the Independent Pricing and Regulatory Tribunal (IPART) for a SRV is that Council’s Long Term Financial Plan has identified that more funds are required to maintain assets and services to the level expected by the community, while at the same time ensuring Council’s financial sustainability.
You can read the cases FOR and AGAINST the Special Rate
Make sure to read the second page of the brochure.