The Three Options

Council is seeking feedback on the following three options:

Option 1

Maintain rates in accordance with annual rate peg (estimated at 3% per year), and cessation of the temporary Community Environmental Contract levy (i.e. 5%)

Option 2

Continue to levy rates in accordance with the annual rate peg (estimated at 3% per year) plus a one-off rate increase in 2015-16 that remains permanently in the rate base for infrastructure works, equivalent to the value of the expiring Community Environmental Contract Levy (i.e.5%)

Option 3

Continue to levy rates in accordance with the annual rate peg (estimated at 3% per year) plus a one-off rate increase of 10% in 2015-16 that remains permanently in the rate base to fund additional infrastructure works (8.5%) and allow for a financial sustainability component of 1.5%

Full Details of these Options and their impacts can be found in the 'Shaping Mosman's Future' brochure on this website, together with other Fact Sheets also available in the Document Library.