Table 3: Infrastructure Renewal, NSW and Victoria 2009 2010 2011 2012 1.028 1.000 0.665 0.8088 Mean Infrastructure Renewals NSW Change from 2009 14.39% Average change in Infrastructure Renewal from previous year Avg Change in Infra Renewal since 2009 Mean Infrastructure 0.78 0.75 0.77 1.09 Renewals Victoria Change in Average -1.31% 38.95% from 2009 Average change in 2.32% 31.57% Infrastructure Renewal from previous year Average change in 30.55% Infrastructure Renewal since 2009 We now test the final claim regarding rate-capping: restricting rate revenue imposes financial discipline on municipal behaviour thereby increasing council efficiency. 7. Municipal Efficiency In economics, technical efficiency measures the conversion of inputs into outputs in production processes. This is best assessed the sophisticated technique of locally data envelopment analysis which accommodates
Table 3: Infrastructure Renewal, NSW and Victoria 2009 2010 2011 2012 Mean Infrastructure Renewals NSW 1.028 1.000 0.665 0.8088 Change from 2009 Average change in Infrastructure Renewal from previous year 14.39% Avg Change in Infra Renewal since 2009 Mean Infrastructure Renewals Victoria 0.78 0.75 0.77 1.09 Change in Average from 2009 -1.31% 38.95% Average change in Infrastructure Renewal from previous year 2.32% 31.57% Average change in Infrastructure Renewal since 2009 30.55% We now test the final claim regarding rate-capping: restricting rate revenue imposes financial discipline on municipal behaviour thereby increasing council efficiency. 7. Municipal Efficiency In economics, technical efficiency measures the conversion of inputs into outputs in production processes. This is best assessed the sophisticated technique of locally data envelopment analysis which accommodates