Tuesday, 27 April 2010

Parramatta. Application for special rates

Parramatta City Council will apply to the Department of Local Government for the continuation of the special rates levy aimed to deliver infrastructure and promote the city as an attractive destination for business, workers, visitors and residents. Special rates currently cover CBD Infrastructure Enhancement Program, $1.7 million; Economic Development (ED) program,$600,000; and Suburban Infrastructure Improvement Program, $100,000, totalling $2.4 million annually. Money for the CBD and ED programs comes from business properties which benefit from the programs. CBD residential properties contribute to the CBD program. Funds for the suburban infrastructure program is raised from residential and business properties outside the CBD.



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