OBERON COUNCIL Oberon Council Rating Structure Review -Town Improvement Levy Oberon Council is currently undertaking a process of public Improvement Levy. period and include an array of online and consultation in relation to a review of the Town Improvement Levy. The consultation process will be undertaken across a 3-month The Town Improvement Levy is raised on every rateable assessment within the Oberon gazetted township for town improvements within that area. In 2023-24 the Town Improvement Levy will raise $555,722 and Council nominated the following projects through the Integrated Planning and Reporting Process (IP&R) in-person engagements to ensure appropriate avenues for all within the community to provide feedback. Council has developed a review paper with details and considerations for the future of the Town improvement and examples of how any re-distribution into the broader rate pool would impact those across the community. Some ratepayers have raised concerns that any adjustments to the Town Improvement Levy will result in an increase to Council's income. This is not the case, the total revenue generated by rates is capped and subject to the specification of a percentage variation by the Independent Pricing and Regulatory Tribunal (IPART). Accordingly, the any adjustments to the Levy will not generate any additional revenue for Oberon Council. Kerb and Gutter improvements Construction of the Oberon Library and Community Centre Continued beautification and recreation works at the Oberon Common Footpath Upgrades Drainage improvements at Richards Park Bulky goods collection The levy has been an integral part of Oberon Council's rating structure since 1934 and has delivered a variety of projects since inception. The Town Improvement Levy is a component of Council's yearly permissible income calculations and subject to the specification of a percentage variation by the Independent Pricing and Regulatory Tribunal (IPART). Council is undertaking a review of the Town Improvement Levy to ensure the equity and outcomes of the rating structure are still relevant for our community. This process includes a thorough consultation process to gather input and consensus on the most appropriate pathway forward for the future of the Town Along with scenarios modelling and individual assessment examples, Council has developed a set of Frequently Asked Questions (FAQs) to address common questions arising from the review process. All details can be accessed on Council's website or by calling 6329 8100 for further information. Submissions are invited throughout the process and must be received by 4pm on Wednesday 28 February 2024. Submissions should be addressed to the Oberon Council, PO Box 84, Oberon NSW 2787, or email to ratingreview@oberon.nsw.gov.au PMB-409736 This process will involve further online and in-person avenues to provide feedback with more details being released in the coming weeks. OBERON COUNCIL Oberon Council Rating Structure Review -Town Improvement Levy Oberon Council is currently undertaking a process of public Improvement Levy . period and include an array of online and consultation in relation to a review of the Town Improvement Levy . The consultation process will be undertaken across a 3 - month The Town Improvement Levy is raised on every rateable assessment within the Oberon gazetted township for town improvements within that area . In 2023-24 the Town Improvement Levy will raise $ 555,722 and Council nominated the following projects through the Integrated Planning and Reporting Process ( IP & R ) in - person engagements to ensure appropriate avenues for all within the community to provide feedback . Council has developed a review paper with details and considerations for the future of the Town improvement and examples of how any re - distribution into the broader rate pool would impact those across the community . Some ratepayers have raised concerns that any adjustments to the Town Improvement Levy will result in an increase to Council's income . This is not the case , the total revenue generated by rates is capped and subject to the specification of a percentage variation by the Independent Pricing and Regulatory Tribunal ( IPART ) . Accordingly , the any adjustments to the Levy will not generate any additional revenue for Oberon Council . Kerb and Gutter improvements Construction of the Oberon Library and Community Centre Continued beautification and recreation works at the Oberon Common Footpath Upgrades Drainage improvements at Richards Park Bulky goods collection The levy has been an integral part of Oberon Council's rating structure since 1934 and has delivered a variety of projects since inception . The Town Improvement Levy is a component of Council's yearly permissible income calculations and subject to the specification of a percentage variation by the Independent Pricing and Regulatory Tribunal ( IPART ) . Council is undertaking a review of the Town Improvement Levy to ensure the equity and outcomes of the rating structure are still relevant for our community . This process includes a thorough consultation process to gather input and consensus on the most appropriate pathway forward for the future of the Town Along with scenarios modelling and individual assessment examples , Council has developed a set of Frequently Asked Questions ( FAQs ) to address common questions arising from the review process . All details can be accessed on Council's website or by calling 6329 8100 for further information . Submissions are invited throughout the process and must be received by 4pm on Wednesday 28 February 2024. Submissions should be addressed to the Oberon Council , PO Box 84 , Oberon NSW 2787 , or email to ratingreview@oberon.nsw.gov.au PMB - 409736 This process will involve further online and in - person avenues to provide feedback with more details being released in the coming weeks .