The Independent Pricing and Regulatory Tribunal (IPART) is reviewing the financial model for NSW local councils, focusing on financial and operational performance, value for money, and sustainable support for community needs.
They are also examining council capacity and the impact of planning and reporting systems on budget performance and transparency.
Feedback is currently being sought on draft Terms of Reference for the review, which was a recommendation arising from IPART’s review of the rate peg methodology conducted last year.