Under the Local Government Act 1993, IPART’s key functions (under delegation from the Minister) are to:
- set the rate peg – this is the amount by which local councils may increase their general income, unless they are approved for a special variation. For more information, see The rate peg;
- approve requests for special variations - councils may apply for a special variation to increase the rates charged by local councils in NSW above the rate peg. There are 2 types of special variations: single-year variations and multi-year variations, which are effective for a period of 2–7 years. For more information, see Special Variations.
IPART also has other roles relating to local councils under the IPART Act and EP&A Act. For more information, see Local Government.