Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 

Christchurch City Rates Up 2.28 Per Cent


An overall rate increase of 2.28 per cent was confirmed by the Christchurch City Council today.

The figure was set in the draft budget and, despite several minor changes by the City Council today, the figure adopted will raise a sum of $137.58 million.

The chairman of the Annual Plan Working Party, Cr. David Close, said the Council had resisted raising loans to fund nil rate increases over many years and the public had taken that long-term view as well.

"They (the public) supported us in the nineties when we resisted the pressure to sell off our trading enterprises for ready cash, and this year they have supported the proposal to use the $175 million from Orion for debt repayment and an endowment fund," he said.

The Council's projected future debt had been reduced to "very modest levels," Cr. Close said.

In 2009-10 term debt was projected to be $151 million (down from $226 million in last year's plan) and net debt is projected to be $32 million (down from $200 million in last year's plan).

Those levels of debt were very low in view of the vast assets of the Council, Cr. Close said.

The Council was providing higher standards of service in almost every area - waste minimisation, refuse disposal, wastewater treatment, stormwater systems, libraries, swimming pools, art gallery - but the higher standards were driving up operating costs.

"For this reason our projected rate increases for the next few years are higher than most Councillors are comfortable with. But I am pleased to point out that the rates 'spike' in 2004-05 has been reduced from 8.6 per cent to 6.71 per cent in the plan before us today," he said.

"We must continue to exercise discipline in our spending, especially as our very successful trading enterprises cannot be expected to increase their dividends as rapidly as in the past."

Ends


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Pike River: Mine Drift Re-Entry Plan To Proceed

The Pike River Mine Drift will be re-entered, Minister Responsible for Pike River Re-entry Andrew Little announced today.

“I’ve decided the Te Kāhui Whakamana Rua Tekau Mā Iwa - Pike River Recovery Agency, recommended course of action to enter the drift, using the existing access tunnel, is by far the safest option,” said Andrew Little...

“The advice I have received indicates that it is likely to be around February before the re-entry proper gets underway, by breaching the 30m seal.” More>>

 

Appointments: New High Commissioner To Australia Announced

“Dame Annette King needs no introduction given her long running career as a parliamentarian where she has previously held a number senior Cabinet portfolios, including Justice, Police and Health. She also was Parliament’s longest serving female MP with 30 years’ service,” said Mr Peters. More>>

ALSO:

Rebuilding: Silvia Cartwright To Lead Inquiry Into EQC

“The inquiry will be the first of its kind under the Public Inquiries Act 2013 and will have all the powers of a Royal Commission, be independent of Government and make its report directly to the Governor-General. More>>

ALSO:

Gordon Campbell: On The Royal Commission Into Child Abuse

Obviously, it is good news that the coalition government has broadened the scope of its Royal Commission into the abuse of children, beyond its previous focus on children in state care. More>>

ALSO:

Cases Delayed: Court Staff Refuse To Handle Sentencing Papers

Dozens of court cases have reportedly been delayed, as court staff escalate industrial action at two Auckland courts by enforcing a ban on handling sentencing papers. More>>

ALSO:

Education: Primary Teachers Rolling Strikes

RNZ Report: More than 100,000 primary school students in Auckland will be home from school today as teachers and principals walk off the job for the second time this year. It's the start of a week of rolling one-day strikes around the country, after the collapse of contract negotiations last Thursday. More>>

ALSO:

"Process Was Sound": Inquiry Into Haumaha Appointment Released

The Inquiry’s purpose was to examine, identify, and report on the adequacy of the process that led to the appointment. It found the process was sound and no available relevant information was omitted. More>>

ALSO:

Govt Loses In Supreme Court: Call For Debate On Prisoners' Right To Vote

The court earlier this week upheld a High Court decision which found that a law restricting a prisoner's right to vote was inconsistent with the Bill of Rights. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels