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

 


Three-yearly Rotorua property revaluations begin this month

News Release

Tuesday 13 May 2014

Three-yearly Rotorua property revaluations begin this month

Property inspections begin in residential areas of Rotorua this month as part of Rotorua District Council’s (RDC) 2014 programme to revalue all properties in the district for future rating purposes.

Valuation company Landmass Technology Ltd has been contracted by RDC to undertake the revaluations over the next three months. Updated property value information will then be used by the council for calculating annual rates charges from the start of the 2015/16 financial year.

Results from the revaluation project are expected to be made available to property owners in October this year.

Under legislation councils are required to revalue all properties every three years, the last having been completed in 2011.

Council chief financial officer, Dave Foster, said property valuations take into account a range of information, including property improvements recorded on council property files and market information gleaned from recent property sales statistics.

“To ensure the integrity of the information, valuation methods and processes are subject to the Rating Valuations Act and are scrutinised by the government’s Office of the Valuer-General.

“When property owners are advised of their new rating valuations in October, they’ll have an opportunity to appeal their new valuation and seek a review if they have any reason to believe the results aren’t a fair reflection of their property’s value,” said Mr Foster.

The new valuations will not be used by the council for calculating rates until the start of the 2015/16 financial year, and will remain in use for rating purposes for the following two years.

The revaluation process requires professional valuers to visit a selection of properties for external assessment but does not involve internal inspections of properties.

Valuers working under contract to Rotorua District Council will carry identification at all times when visiting properties.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gaza.Scoop: UNRWA School, Ambulances Attacked - Gaza MOH

The Ministry of Health Gaza expresses its horror and outrage at the latest Israeli massacre moments ago at an UNRWA school sheltering displaced persons in Beit Hanoun. Ten people have been killed and there is a large number of wounded. More>>

ALSO:

Gordon Campbell:
On Gaza And Burning The Israeli Flag

One of the selling points in New Zealand’s campaign for a temporary seat on the Security Council is that we have a pluckily independent voice to offer on international conflicts.

This image is not entirely self-delusional. When we did occupy a temporary UN Security Council seat in the 1990s, New Zealand was forthright about the need for the international community to actively respond to the Rwanda genocide. On April 14, 1994, New Zealand, Nigeria and the Czech Republic were the only nations to call for a forceful UN intervention to halt the killings. It was a proud moment in the diplomatic record of the Bolger government.

What then, is the current National government doing with respect to the slaughter in Gaza? More>>

 

Parliament Today:

Minister Told Of FBI Investigation, Says INZ: Coleman Must Quit Or Be Sacked Over Dotcom Case - Harré

Immigration New Zealand has done the right thing in distancing itself from Jonathan Coleman’s claims that ministers were not aware of FBI involvement in Kim Dotcom’s residency application, says the Internet Party. More>>

ALSO:

Resignation Not Accepted: Transport Minister Breaches Aviation Security Rules

"Running late for a plane at Christchurch Airport, I without thought breached airport and airline security rules by entering the gate lounge through a door usually used for exit only..." More>>

ALSO:

TAIC Report: Urgent Recommendations After Melling Rail Accident

The Transport Accident Investigation Commission has made four urgent recommendations to KiwiRail following the accident two months ago (27 May) when a Matangi passenger train collided with a stop block at Melling Station, Lower Hutt. More>>

ALSO:

Red Tape: Local Regulations Go Under Microscope

The Government says it is accepting nearly all of the recommendations the Productivity Commission has made on ways to improve local regulations. More>>

ALSO:

Spending Questions: Claudette Hauiti To Step Aside At Election

National Party President Peter Goodfellow confirms that he has received notification from List MP Claudette Hauiti that she plans to step aside at the 20 September election. More>>

ALSO:

EPA: Board Of Inquiry Rejects Basin Flyover By Majority Of 3 To 1

The independent Board of Inquiry delegated to decide on the Basin Bridge Proposal has, by a majority decision (3 to 1), cancelled the Transport Agency’s Notice of Requirement and declined its resource consent applications for the construction, operation and maintenance of a flyover on State Highway 1 in Wellington City... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news