The City of Launceston has delayed adoption of its 2017-2018 rates framework while “spikes” in land valuations are addressed.
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At the council’s meeting on Monday, City of Launceston general manager Robert Dobrzynski notified aldermen of the decision to withdraw a motion about rating framework – the rates at which properties are charged.
He said the council would “undertake additional modelling” and “endeavour to address some of the spikes that have occurred as a consequence of the revaluation”.
Aldermen did endorse the statutory estimates, which provides an overview of the council’s expenditure and income for the 2017-2018 financial year.
Deputy mayor Rob Soward said the 1.7 per cent general rates rise, coupled with maintained spending on projects, hit a balance.
“I think we’ve done a pretty fair job,” he said.
