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

 


Upper Hutt City Adopts New Rating System

Upper Hutt City Adopts New Rating System

Upper Hutt City Council has adopted a new rating system based on capital value of the property worth rather than land value.

The move, made at a special council meeting held on Wednesday September 4, will see the rates for utilities, land and buildings, rated on their capital value and will bring the rating system in Upper Hutt inline with many city councils around the country.

The decision was made after a lengthy consultation process with the ratepayers of Upper Hutt that began in March 2002.

Capital value is a calculation of the value of the land plus everything that is built on it and uses figures calculated by Quotable Value NZ Ltd.

The biggest change will mean that utility companies such as telecommunication, power and gas companies will now have to pay their rates share as previously their assets such as lines and pipes were not rated. Recent court rulings showed that these utility assets should be rated and the companies should pay their fair share of the rates slice.

Rating utilities expands Upper Hutt City Council’s rating base and this means that other ratepayers will pay less this year than they would if utilities were not being rated.

The change will have little effect on the majority of property owners in Upper Hutt however, a small number of ratepayers will experience significant changes either up or down although this will not necessarily be due to the change to the new system says Mr Guppy.

“Significant changes in property valuation which was undertaken by Quotable NZ last year, will mean that rates will go up for some homeowners. While this is an advantage for them that their property is increasing in value, it will unfortunately mean higher rates for some.”

Upper Hutt Mayor Wayne Guppy says around 8,000 property owners will see a decrease in their rates.

“There are always winners and losers in any system. For the overall benefit and future progress of the city, the right decision has been made,” Mr Guppy says.

Upper Hutt City Council will conduct another rating review later in the year that will look at a small number of anomalies that may arise under the new capital value system.

The implications of the new Rating Act that comes into force next year will also be considered.

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>

ALSO:

Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>

ALSO:

General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Gordon Campbell: On Our Posturing At The UN

In New York, Key basically took an old May 2 Washington Post article written by Barack Obama, recycled it back to the Americans, and still scored headlines here at home… We’ve had a double serving of this kind of comfort food. More>>

ALSO:

Treaty Settlements: Bills Delayed As NZ First Pulls Support

Ngāruahine, Te Atiawa and Taranaki are reeling today as they learnt that the third and final readings of each Iwi’s Historical Treaty Settlement Bills scheduled for this Friday, have been put in jeopardy by the actions of NZ First. More>>

ALSO:

Gordon Campbell: On The Damage De-Regulation Is Doing To Fisheries And Education, Plus Kate Tempest

Our faith in the benign workings of the market – and of the light-handed regulation that goes with it – has had a body count. Back in 1992, the free market friendly Health Safety and Employment Act gutted the labour inspectorate and turned forestry, mining and other workplace sites into death traps, long before the Pike River disaster. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news