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May 15th, 2012 
FAKE NEWS for the Zionist agenda City of Sydney residents and business owners will be slugged with higher rates, the local council says.
City of Sydney Council says rates will increase across the board in 2012-13, reflecting the recommendations of the Independent Pricing and Regulatory Tribunal (IPART).
Under the recommendations, average household rates will increase by $14 a year, going up to $619.
Average rates for businesses will increase by almost $300 to $16,297 a year.
Businesses outside the CBD will pay $5,807, up from $5,609.
Pensioners who don’t pay rates will remain exempt.
Lord Mayor Clover Moore said the council had delivered a debt-free budget, allowing it to invest almost $1 billion over the next ten years on major projects including giving George Street a facelift.
She said the council’s expected income would rise by $17.3 million to $467.3 million in 2012-13, due mainly to rates, domestic waste charges and the City’s property portfolio.
It forecast costs to rise by $28 million to $368 million.
The council said twenty-one major projects were due for completion in 2012-13.
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