Note:
- these figures are estimates only. You can receive an accurate assessment of your rates by requesting a copy of your rates notice
- forward projections after 2021/22 do not take into account rates increases in line with the rates peg.
Phased implementation
During a consultation process in late 2020, we asked the Bayside community if they would prefer to phase in the implementation of rates harmonisation over several years, rather than a one-off change.
If your rates will increase due to harmonisation, a phased implementation would mean the increase would be applied in smaller amounts over several years, rather than a one-off increase. On the other hand, if your rates are to reduce under harmonisation, the decrease would be smaller amounts over several years rather than a one-off decrease.
Under current legislation we are unable to do this, however should the NSW Government introduce legislative change to enable a transition to rates harmonisation, we will progress this on behalf of our ratepayers.
This calculator will help you understand the impact of a phased implementation on your rates.
You can adjust the percentage of change that gets implemented each year by typing into the percentage column. The total amount across 5 years should equal 100%: