BYRON Shire Council is unlikely to seek a rate increase over and above the 3.4% peg set this week by the Independent Pricing and Regulatory Tribunal (IPART).
The council's acting general manager, Phil Holloway, said the administration was still preparing its 2013/14 budget.
"Generally we factor in a 3% rate peg from IPART, so this will give us a little more room to move," he said.
"Council will decide in December if it will apply for a special rate variation, however, the staff recommendation will be not to apply."
IPART chairman Dr Peter Boxall said the rate peg represented the increase in costs incurred by local government, a deduction for productivity improvements and a deduction of part of the carbon price advance.
"In setting the rate peg, we have sought a balance between ensuring that councils can meet the increased costs of delivering services while sharing benefits of improved productivity with ratepayers," he said.
Nestled in an east facing valley of the lush Byron Bay hinterland, only 20 minutes to the coast this spectacular natural haven awaits. On 44 hectares, this...
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