IPART has completed its Final Report on the Review of Penrith City Council’s Glenmore Park Stage 3 Contributions Plan 2022.
The council is seeking to levy development contributions above the $20,000 cap per lot/dwelling. The council will use the contributions it collects to fund open space, stormwater management and transport infrastructure, as well as land acquisitions needed to support development in the precinct.
IPART found most of the infrastructure and costs in the plan are essential, reasonable and that community liaison has occurred.
We have made recommendations about how the council can amend the Glenmore Park Stage 3 contributions plan to fully meet the assessment criteria outlined in the Infrastructure Contributions Practice Note (2019 Practice Note) published by the Department of Planning, Housing and Infrastructure.
After implementing our recommendations, the total costs of the plan will have increased by 2%, from around $225 million to $230 million, mostly due to recommending increased contingencies, updating plan administration costs and fixing errors in the work schedule. The council’s proposed contribution rates ranged from $48,861 to $104,238 and our recommended contribution rates range from $49,549 to $105,705.
We will provide our final assessment and recommendations to the Minister. The Minister, or their Nominee, will advise the council on any changes it needs to make prior to adopting the plan. The council will then be entitled to charge the applicable contributions rates in Glenmore Park.