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Christchurch City Scene
May 2002

Lead Stories

Get Involved - Have Your Say

Let Us know what you think - Online Suvey

The Price Of Growth And Quality

Council Bags Waster-Pays, But Wants To Deal With Cost Bubble

Upper Riccarton Library A Community Partnership

May 2002 index

Draft Plan would add 10 cents a day to average rate


Property revaluation across the city makes it difficult to show how the average residential rates bill will be effected by the proposed rates increase.

The over-all proposed increase in the Council’s rate requirement, to apply from July 1, is 3.55 per cent.

Each year the Council looks at how each sector of the city benefits from its services and divides its budget between them. That means different sectors face different changes in their rates.

Under the draft plan, the residential sector’s increase would be 4.24 per cent, commercial/industrial ratepayers are being asked to consider a 1.28 per cent rise and the city’s rural sector rate faces an 11.65 per cent increase.

Following the revaluation, the average city residential property is worth $164,170. If the Council’s proposed 2003 rates package is adopted in July, that average property will pay rates of $918 a year. The figure includes GST but does not include the Environment Canterbury (regional council) rate.

After allowing for movements in revaluation, that $918 is a $37 a year increase over the current year – about 71 cents a week.

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