Friday, 18 December 2009

Parramatta. Assessment of special rates

Parramatta City Council has resolved, in part, that preliminary work be undertaken on assessing community views on the continuation of expiring special rates and other rating options, and that council review the effectiveness of the current economic development rate and prepare options for this rate to be used for the benefit of council. Department of Local government approval for the current special rates – CBD infrastructure, $1.7m; suburban infrastructure, $100,000; and economic development, $600,000 – expires at the end in the financial year. The revenue is levied predominantly on business ratepayers

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