The Independent Pricing Regulatory Tribunal has approved our Special Rate Variation (SRV) application. Councillors will decide in June whether or not to apply all or part of the approved rate rise.
The approved Special Rate Variation is 36.3% over two years - a rate rise of 18.5 per cent from 1 July 2024-25 (including a 4.9% rate peg) and 15% in 2025-26 (with a forecast 2.5% rate peg).
See https://trcnews.au/srv to find our rates calculator and read more about what the SRV may mean for you.