Council launches independent review of business rating model Port Macquarie Hastings Council

Posted on August 29, 2022

Port Macquarie-Hastings Council (PMHC) has engaged a consultancy firm to undertake an independent review of the council’s current commercial rating model, including the Town Center Master Plan (TCMP) component of the Port Macquarie Commercial Tariff CBD.

Earlier this year, the advisers decided to carry out a detailed independent review of the company’s rating model, historical TCMP processes and management structures. This review will ensure that comprehensive community and key stakeholder feedback is captured through a detailed engagement process.

The review has recently begun, with the first round of interviews conducted with advisors and key stakeholders. A series of co-design workshops with local businesses and key players will be scheduled over the coming weeks.

The review will also ensure that a range of activities with key stakeholders and the wider community are undertaken. This will include online meetings and surveys through PMHC’s Have Your Say community engagement platform.

Ashley Grummitt, director of PMHC’s business and commercial services group, said the review will provide recommendations on financing options and rating structures for the future development and maintenance of the Port Macquarie CBD – and potentially d other business centers in the region.

“The Town Center Master Plan (TCMP) component of the Port Macquarie CBD Commercial Rate has played a vital role in funding ongoing improvements and providing a high standard of maintenance in our CBD area for many years. “said Mr Grummitt.

“The current TCMP levy applies to commercial property owners within a defined area of ​​the CBD, to help fund identified streetscape, landscaping and beautification works within the Port Macquarie CBD.

“Since its introduction in 1994, the TCMP component has funded $19.7 million in CBD capital improvement works and $5.2 million in CBD maintenance works.

“Through extensive independent engagement, we hope to understand community sentiment around the royalty – as well as the type of services they wish to maintain.”

“This review will not only incorporate comments regarding future options for the Port Macquarie CBD, but will also consider other areas of the LGA including Wauchope and Laurieton business centres,” he said.

“In doing so, we aim to provide fair and equitable rating structures and sustainable financing options for the future development and maintenance of our core business centers.”

He said annual tariffs and fees are key to ensuring PMHC is able to provide the capacity to deliver services and projects to the community.

Community and stakeholder engagement is expected to be undertaken in late August and September, with a view to reporting back to the regular October board meeting for further consideration.

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