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Rates rise set to be lowest in NZ - again

11/03/2008

Rates rise set to be lowest in NZ - again

A 2.2% rates increase for the average Hutt City ratepayer in 2008/09 is likely to be the lowest proposed by any city council in New Zealand, says Mayor David Ogden.

Councillors approved the figure, which assumes 1% growth in the city's rating base, at a meeting to consider the 2008/2017 Draft Annual Plan yesterday.

"This is an outstanding result and translates into a rates decrease for the average ratepayer of 0.5% when inflation is accounted for," says Mayor Ogden.

"It reflects the importance Council puts on keeping rates down and making them affordable.

"We recognise families and those on fixed incomes are feeling the squeeze as interest rates and the cost of everyday items like food and energy continue to rise.

"It's been achieved without cuts in services or capital expenditure. On the contrary, Council proposes to spend $352 million on capital projects in the next 10 years.

"This includes an additional $350,000 for a new Community Digital Access programme for the city's libraries.

"Overall, I'm delighted with the draft Plan. I believe it will enable the city to build on its success and become even stronger and more confident," says Mayor Ogden.

In the week of 14 April, copies of the draft Plan will be available at the main Council building, libraries and www.huttcity.govt.nz, and a summary version sent to residents.

Public submissions on the draft Plan close 15 May.

ENDS


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