Northern Rivers News

LISMORE RESIDENTS FACING 31 PER CENT RATE HIKE

Plans for a rate increase will be considered by Lismore Council tonight, as it battles to fix a $6-million budget black hole.

It would see rates go up by as much as 17 per cent in the next financial year…

A difference of around $209 a year.

By 2024, rates will have increased by more than 31 per cent.

“What we’re talking about really is actually a dollar a day, that’s the 30 per cent total over the next five years.”

If it’s approved, community consultation will begin in August.

(AUDIO IN PARTS)

 

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