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2018-19 higher cap applications

We received one application for a higher rate cap in 2018-19. Monash City Council applied for a one year higher cap of 3.53%, which is 1.28% above the Minister’s cap.

In considering whether to approve the higher cap, the commission will consider:

  • the proposed higher cap and the specified year that it will apply
  • the reasons for which the council seeks the higher cap
  • how the views of ratepayers and the community have been taken into account in proposing the higher cap
  • how the higher cap is an efficient use of council resources and represents value for money
  • whether consideration has been given to reprioritising proposed expenditures and alternative funding options and why the council does not consider those options to be adequate
  • whether the assumptions and proposals in the application are consistent with the council’s long term strategy and financial management policies set out in the council’s planning documents and annual budget.

Associated Documents