Why is our rate base so low?

Why is our rate base so low?

Wagga Wagga has one of the lowest average residential rates amongst similar cities.

Rate pegging was introduced by the State Government in 1983. Because rate pegging limits Council's across the State to the same increases, Wagga Wagga's rate base has continued to remain lower than comparative cities such as Albury and Orange.

Over the same period of time, Wagga Wagga City Council has utilised reserve funds and funds from the sale of assets for new projects for the City, instead of having to apply for a Special Rate Variation.

Funding new infrastructure requires additional ongoing maintenance budget, that must be generated from an ongoing income source.