When the Tauranga City Council adopts the ten year plan on June 23, it will set up ratepayers for a triple hit of rates increases over the next three years.
The plan as it stands is for average rates to increase by more than $500, from $1372 to $1912.
The council proposes to do this with a $150 rise this year and next, followed by a $230 increase for the 2011-12 year.
This translates to 10.93 per cent, 9.8 per cent, and 14.35 per cent.
Options for Timing and Extent of Debt Reduction Charge. (PDF - 20Kb)
Rates debate excerpt from TCC meeting June 5. (MP3 - 10Mb)


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