Council votes on a permanent 42% rate rise. Have your say. Submissions close 31 July Say no in the survey
Albury City Council · proposed Special Rate Variation

Stop the 42%
rate hike

By Council's own figures, a permanent 42% rate rise costs the average Albury home $770 more every year. That is about $64 a month, forever. And their own report admits "42%" really compounds to 46.41%.

What it costs you

The average home, in Council's own numbers

These are not our figures. Every number here is from Council's own rate calculator and its "SRV Scenarios by Rating Category" table.

$770/yrAverage home, by 2028/29

Your rates bill goes from $1,659 to $2,429 under the 42% option. That is about $64 more every month, permanently.

Source: Council's SRV Scenarios by Rating Category table.

46.41%The real "42%"

21% then 21% compounds. Council's own 15 June report prints 46.41%, and 51.68% by 2029/30.

Source: Council report CM14.5, cumulative table.

ForeverIt never comes off

"SRVs remain permanently in the rate base." Once it is in, it stays, and future rises build on top.

Source: Council report CM14.5, verbatim.

These are Council's average figures. Rates are shared out by land value, so if your land value has risen faster than the Albury average, your increase will be more than $770. Check your own property on Council's rate calculator.

The choice, year by year

The rate rise at each stage

These are the three options Council put to the community. The rate peg is the normal yearly cap set by the state. The two SRV options replace it with much bigger rises. Percentages and totals are from Council's own report; the average-home bill is from Council's own rate table.

OptionYear 1
2027/28
Year 2
2028/29
Year 3
2029/30
Total riseAverage home bill
Rate peg
no SRV, the normal cap
+3.6%+3.6%+3.6%+11.19%about $1,845
"40%" option
over three years
+14%+13%+13%+45.57%about $2,415
"42%" option
over two years, then peg
+21%+21%+3.6%+46.41%
51.68% by 2029/30
$2,516
Today the average home pays $1,659 in ordinary rates. The "42%" option is 21% then 21%, which compounds to 46.41% in two years, not 42%. Water, sewer and waste charges rise separately on top of every option above.

Sources: per-year percentages and cumulative totals from Council report CM14.5 (15 June 2026); average-home dollar figures from Council's own SRV Scenarios by Rating Category table and its rate calculator.

And that's only the rates

Water and waste are going up too

The 42% is on your ordinary rates. On top of that, the same 2026/27 budget raises water, sewer and waste charges. It all lands in the same letterbox.

+8%Water and sewer

Council's own words on its draft-budget page: "Water and wastewater charges increasing by 8%."

Source: Council draft-budget page.

+12.5%Waste charge

The standard domestic waste charge rises from $345 to $388, up 12.46%, before any rate rise.

Source: Council Fees and Charges 2026/27, item 0032.

+3.6%Rates rise anyway

Ordinary rates already go up by the rate peg every year. The 42% is stacked on a bill that was climbing before any SRV.

Source: Council Statement of Revenue.

The maths they won't put on a billboard

$64 a month. Every month. Forever.

$1,659 → $2,429

The average Albury home's rates bill, within two years, under the 42% option. This is Council's own figure.

Water and sewer (up 8%) and waste (up 12.5%) stack on top of this.

Year 1  ×1.21 → $2,007  (+$348)
Year 2  ×1.21 → $2,429  (+$770)
─────────────────────
"42%" = 1.21 × 1.21 = +46.41%
By 2029/30 (with peg) = +51.68%
The part they are not talking about

It raises far more than the deficit it is meant to fix

Council says it needs the money for an operating deficit of about $18 million. But by its own Long-Term Financial Plan, the rate rise raises far more than that, and turns years of deficits into years of surpluses.

+$22m/yrExtra rates under the 42%

By 2028/29 the 42% raises about $22 million a year more than the rate peg, and keeps climbing, permanently. This is council's own figure for the 42% option.

Source: Council's Draft LTFP, "SRV 42%" scenario.

$18mThe deficit they cite

The operating hole the rate rise is sold to fix. The 42% raises about $4 million a year MORE than the entire deficit, every year.

Source: Council's 2026/27 budget.

SurplusDeficit becomes surplus

Council's own plan shows the 42% flipping the General Fund from a $17.7m deficit to a $5.1m surplus, with no cuts at all. A swing of about $23m a year.

Source: Council's Draft LTFP.

Council's own plan (General Fund, by 2028/29)Extra rates raised per year, above the pegBudget result
No rate rise (rate peg only)nothing above the pegdeficit, about −$18m
The 42% optionabout +$22m/yrsurplus, about +$5m
A savings plan, no rate rise (their Scenario 4)nothing above the pegsurplus, about +$4m*

Source: Council's Draft Long-Term Financial Plan 2026-27, General Fund, scenarios 1, 2 and 4. We also reproduced the 42% figure independently from Council's rates base and its own rate calculator.

A permanent rate rise that raises more than the deficit and runs surpluses is not "just covering the hole." And Council's own model (*Scenario 4) shows a path back to surplus with no rate rise at all, though it would need real savings. Ratepayers were never shown either of these.

The ask doubled, from about 20% to 40%

Council started at about 20%, the level its lender's covenants required. It then doubled the ask to 40 to 42% by changing its own goal, from "stay lendable" to "break even and fund our building program from cash instead of debt." The deficit did not double. The target did.

Source: confirmed at Council's own budget briefing, 1 June 2026, Council's own recording (from 1:54:52).

Council's own words, 1 June meeting

"What are we solving for? We're solving for a general fund that breaks even in year four."

That is what Council told its own budget meeting. But its own model doesn't stop at break-even. On Council's strict underlying measure, the 42% keeps climbing into surplus for the rest of the decade:

2028/29  break even  +$0.2m
2030/31  surplus     +$2.0m
2032/33  surplus     +$5.4m
2033/34  surplus     +$8.4m

Council's own budget briefing states the 42% then generates enough cash to fund major projects "via cash and not bring on new debt," and to pay down debt every year. Break-even is where it starts, not where it ends.

Sources: Council's 1 June 2026 budget briefing, Council's own recording (1:24:41). Surplus figures from Council's Draft Long-Term Financial Plan, General Fund result before capital grants, scenario 2 (SRV 42%).

So why is it permanent?

If the deficit breaks even in year four, the rise could stop there. NSW law lets councils apply for a temporary rate rise that expires after a set number of years and then comes off your rates. Other councils have done exactly that: Central Coast for three years, Liverpool Plains for two. Albury chose a permanent one that never comes off. A temporary rise would fix the deficit and then give ratepayers relief. A permanent rise keeps taking the money forever, long after the hole is filled and while the budget runs surpluses. If this is really about the deficit, why does the rise outlast it?

Sources: rate rises are made under the Local Government Act 1993 (NSW) s508A (multi-year special variation), assessed by IPART, which approves temporary or permanent variations. Albury's is stated as permanent in Council report CM14.5, 15 June 2026.

Not even Council agrees

Council is divided on its own proposal

Council voted only 7 to 2 to even put the 42% to the community, and 5 to 4 the same night to keep a discretionary spend rather than save it. This is not a united council confident in its plan. It is a split decision on a rise that lasts forever. The full debate is on Council's own public recording if you want to hear it in their own words.

Before you believe the spin

What Council will tell you, and the receipt

"It's not 42%, it's just 14, 13 and 13."
Council's own report prints the cumulative figure: 46.41% over two years, 51.68% by 2029/30, and it is permanent. The "14, 13, 13" framing is Council's own, and it hides the compounding.
"It's only about a dollar a week."
Council's own per-category table shows the average home paying $770 more a year, about $64 a month, by 2028/29. Their own public page says $857 over three years.
"We've had no choice. We've already made cuts."
Council's own long-term plan modelled a lower 38% option with "broadly the same outcome," and left it off your survey. A resident had to propose a 5% a year alternative at Council's own forum.
"It's the cost of essential services."
The same night they launched this, Council kept a $187k discretionary swim-centre season (5 to 4) and a $36m entertainment-centre wing. Audited staff costs rose from $43.4m to $56.1m in three years.
"Without the rise we'd have to gut services and jobs."
Council's biggest cost is its ~$72m wage bill, and it is rising. Rather than restructure, Council wants a permanent 42% forever, and treats staff cuts as a last resort it says it would "never" take, while carrying budget for about 100 positions it is not filling, roughly one in six of its workforce. No one is asking to scrap the parks or the sports fields. Trim a little across the big cost centres, the $72m wages, the $16.5m landscapes, the project overruns, and take the savings option Council already modelled, and the gap closes without 42% forever. Council will not model that middle path. It offers 42% or nothing. [April 2026 forum]
"The deficit is the state's rate cap and cost-shifting, not our spending."
There is real pressure from the state's rate cap, that part is fair. But Council still expanded its own workforce during the deficit years: its 2022 "functional reviews" added about $3m a year in staff costs and an "expanded workforce," and audited staff costs rose from $43.4m to $56.1m while the General Fund ran deficits and took on new borrowing. Ratepayers are asked to fund a permanent 42% before any of that is unwound. [2022/23 budget]
"This is not unique to Albury. 46 NSW councils have applied for a rate rise."
Everyone else asking is not a reason for you to pay $770 more a year. Most of those rises were far smaller, and the state regulator rejected the biggest, North Sydney's 87%, outright. The question is not whether other councils asked. It is whether Albury's own numbers justify 42%, and their own plan shows the money raised runs surpluses for a decade.
The spending record

Show us the savings first

A permanent rate rise should be the last resort, after the overruns and discretionary spending are on the table. Every figure below is from Council's own documents.

The recordCouncil's own numberWhy it matters
Staff costsabout $72m
a year
Council's own finance officer called wages its single biggest cost, near $72m for 2026/27, with about 100 positions held vacant to manage it. Audited staff costs also rose from $43.4m to $56.1m in three years. Publish the full payroll bridge before asking households for a permanent 42%. [April 2026 forum] [audited statements]
General Fund deficit$19.9m (2023/24)Plus $22.7m of new borrowing needed in 2026/27. A structural problem, not one bad year. [audit report]
Entertainment Centre wing~$7.8m
council share
A $36m project, largely grant-funded, but Council still committed about $7.8m of its own "before contingencies," which the project's own advocate admitted "could add significantly," approved while in deficit. [16 Feb forum]
Theatre roof overrun$667k to $887k
up 32.9%
One clean example. How many more across a $638m program? [Council agenda]
Swim-centre winter seasonabout $187kKept 5 to 4 against staff advice, the same meeting the 42% was launched. [report]
The option they didn't offer38% plus savingsCouncil's own plan calls it "broadly the same outcome." It was not on your survey. [Long-Term Financial Plan]
It can be stopped

Your survey response matters

This has not even reached IPART, the state pricing regulator, and IPART rejected North Sydney Council's 87% rate hike outright last year. Council decides after consultation closes. That is why the next few weeks count.

31 JulSubmissions close

Council is asking for feedback now. After that, it decides whether to apply to IPART.

2 of 6IPART's bar

North Sydney's 87% ask met only 2 of IPART's 6 criteria and was knocked back to the rate cap.

Rate pegThe real cap is 3.6%

21% a year is nearly six times the annual cap the state sets for councils.

Tell Council: minimum only. No 40. No 42.

It takes two minutes. Fill out Council's official survey and say you want the rate-peg option, not a permanent 42% hike.

Fill out the survey now
1Open the survey
It is Council's own form. Two minutes.
2Reject 40% and 42%
Choose the rate-peg option and ask them to model the lower path.
3Share this
Send it to every Albury ratepayer you know before 31 July.
Show our working

Sources and references

Every figure and quote on this page is from Council's own documents, the NSW legislation, or the independent regulator. Here they are, so you can check for yourself.

The rate rise and the law

What it costs, and the deficit

The spending record

Council's own meetings