A household rate rise is one of many issues being discussed as Tauranga City Council works out what to place in the draft annual plan for community feedback.
Chief financial officer Paul Davidson says the household rates rise is looking like 2.8 per cent. Commercial rates are expected to increase only 0.9 per cent. The boost to house hold rates is caused by last year's property revaluation.
Councillors are preparing next year's spending budget.
To bring in the required rate take of $123,775,000, the rates increases were going to be higher - 4.8 per cent for residential and 2.9 per cent for commercial - but growth over the last year in the number of rateable properties has dropped the per property increase.
It means the residential commercial balance has shifted slightly from 19 per cent commercial/81 per cent residential for the current financial year to 16 per cent commercial/84 per cent residential for the year under discussion.
As councillors make decisions this week about what is included in the draft annual plan, staff will be crunching numbers and will inform councillors when the wish-list is pushing the rate up.
10 comments
2.8 per cent. ??
Posted on 28-01-2016 12:06 | By The Caveman
The next comment to the media will be "we overlooked a few things" and I suggest that the next number will be 5.5% (at least).
Increase?
Posted on 28-01-2016 12:11 | By Astoreth
Inflation is near enough to zero. Most people will see a wage rise this year of about zero. Rate increase needs to be zero also. Councils need to learn that they can't keep endlessly increasing the proportion of people's salaries that they take. It is not sustainable. WBOPDC need also take note!
Zero Inflation
Posted on 28-01-2016 15:05 | By What now
Residential Property values have increase up to 21% in some areas. As far as I am aware no property has devalued. So rates going up from this is huge why would the council need to add more on? Can someone enlighten me? Why is it when we vote these councillors in when they say they are going to keep rates under control they don't! I am on a fixed income like many others and even the amount of extra rates I am going to have to pay on my extra valuation amount is going to be hard to find. I didn't ask for or want the extra amount on my valuation.
Hey Councilors
Posted on 28-01-2016 16:14 | By Bop man
How are we humble rate payers suppose to afford all these rates increases, we do not all get the large salary that you councilors get. Lets see the Mayor try and live on 40K a year beat he can't. Councilors are on there to earn that large wage they don't care about us humble rate payers. might be time for a city wide rates boycott.
Confused
Posted on 28-01-2016 17:10 | By Jitter
Time and time again ratepayers have been told that rate increases are not based on property values. So I am totally confused. Can someone please explain ?
Heven forbid
Posted on 28-01-2016 17:22 | By s83cruiser
the council should look in house and carry out some cost cutting. The building consents department is a looser and so it must be an added expense to the rate payer. Get rid of it lock stock and barrel. That's what any savvy business would do. I am sure there are many more departments that have people that only go in to eat their lunch and pick up a salary cheque at the end of the week. Look in house council and tidy up your act BEFORE you screw the rate payers out of more genuinely hard earned cash.
Election
Posted on 28-01-2016 22:41 | By Capt_Kaveman
Year make your vote count Rates = 0
Historic Village losses
Posted on 28-01-2016 23:44 | By Annalist
Well I guess now they have to go up to cover the one million $ losses at the Historic Village that have only just been announced?
Rates
Posted on 29-01-2016 00:56 | By Crash test dummies
What a absolutely massive hike in rates? residential or not the runaway train is now in rocket ship mode.
Welcome
Posted on 29-01-2016 09:09 | By Gigilo
To the big time, basking in your new found wealth in property value? Valuations based on over inflated sales driven by real estate hype. Now you have to pay your proportional rate for that. Taxation is an art form.
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