The NSW Government has extended the public consultation period on proposed reforms to its emergency services levy (ESL).

Taxes on insurance premiums currently contribute nearly 74% of the funding for the state’s emergency services – about $763 million, plus $63 million in stamp duty. Local councils and the NSW Government pay the rest.

A paper released in July proposes replacing the ESL with an annual property-based tax of up to $267 for land valued at $250,000.

The deadline for submissions on the proposal was extended from October 8 to the end of this month.