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

 


Rates Set for Next Financial Year

RATES SET FOR NEXT FINANCIAL YEAR.

The average rate will increase by a projected 2.21% for this coming financial year (2014/2015),

This is less than what was forecast in our draft 2014/2015 Annual Plan, which was a projected increase of 2.6%

"I want to thank all the staff and our financial team who have worked hard to keep the rates increase to a minimum for our ratepayers, given that there's a lot of big ticket projects we're investing in like the Coromandel Harbour and Coromandel Great Walks" says Mayor Glenn Leach.

"Development contributions have also been less than we hoped for, which means that the interest on the loans for some of our additional capacity infrastructure, like the three wastewater treatment plants, is being passed on to our current ratepayers in the short term," says Mayor Leach.

"We have been able to make some savings in other ways, through cost efficiencies in our operational expenditure and also reducing next year's capital expenditure budget by $4m," he says.

AN EXAMPLE OF HOW THE RATES INCREASE WILL APPLY TO SOMEONE.

If you own a property with a land value of $400,000 in Thames your rates will increase from $2,777 to $2,826 in Coromandel-Colville it will increase from $2,304 to $2,373, in Mercury Bay it will increase from $2,521 to $2,561, in Tairua-Pauanui it will increase from $2,527 to $2,567 and in Whangamata from $2,442 to $2,451

TO SEE A BREAKDOWN OF AVERAGE RATES BY PROPERTY TYPE CLICK HERE.

FEES AND CHARGES

Some fees and charges will remain the same, while others will either increase or decrease. Any changes will take effect from 1 July 2014. Some points that you might be interested in:

Small events fees and charges for commercial events and park concession fees will remain the same as last year (2013/2014).

We've introduced new landing fees for commercial aircraft at the Thames Airfield: one landing per day $20, two landings per day $40, day rate $50 and an annual fee of $900 and a $10 landing fee for micro lights.

Thames Hall Storage Hire has changed from $5 per month per m2 charge to a one month minimum charge of $2 per month per m3.

A $50 annual fee has been introduced this year for commercial advertising/signage at Hannaford's Wharf.

Mercury Bay Multi-Sport Park charges $10/hr for its meeting room, $20/hr for Foyer and Kitchen hire, $10 for BBQ use.

Dog registration fees have increased from $60 to $64.

Registration for dangerous dogs has increased to 150% of the normal registration fee; this means that the fee will be $96 in 2014/2015. A penalty of 50% again is added dogs are not registered by 31 August 2014

There have been a number of nominal increases in impounding fees for registered and unregistered dogs and stock control.

Cemeteries – Due to an increase in the contractor’s charges, an increase of $35 is proposed to the adult internment fee, from $960 to $995.

There's a number of changes to fees for Building Consent processing including Project Information Check for building consents increasing by $15 dollars to $335, Memorandum of Encumbrance has increased by $65 to $375; Certificate of Public Use has increased by $50 to $250 and Residential exemptions have reduced by $50 to $40.

Fees and Charges for Resource Consents under Land Use Management Activity have changed slightly in some areas with slight increases and decreases to fees and charges to better reflect the costs of providing this service.

A number of increased fees and charges for Harbour Facilities at Coromandel including a $10 increase in charges for a permit for recreational boat launching/trailer parking at Sugarloaf, $50 increase in charges for boat sheds and $14 increase for slipway grid emergency maintenance at Te Kouma.• 50% discounts are offered for commercial wharfage fees for 2014/2015 year for ports away from home.i.e. commercial operator will pay the full fee in their home port (where business is located) and then receive a 50% discount on annual commercial fees at berths away from home.

New fees set by central government have been introduced for Liquor Licencing.

Community Halls - Coromandel has increased its booking fees. Thames Hall has a new definition for community hire rate and new charges for the Pauanui Community Amenity Building meeting room for non-profit and commercial users. These includes $10 and $20 for half and full day use for organisations. $50 for half day, or $100 for a full day for commercial users, and $10 charge for kitchen per booking. A new fee for all day use of the Whitianga Hall is now $116 subject to the discretion for users associated with significant community benefit.

LIM application fees have increased slightly in 2014/2015.


THE FEES AND CHARGES SCHEDULE IS AVAILABLE SEPARATELY, EITHER ON OUR WEBSITE HERE or by contacting us on 07 868 0200. These updated details will be on our website from 1 July 2014.

EXPENDITURE AND RATES

Our total expenditure in the 2014/2015 year is $108.03m shared between 26,723 rateable properties. This is made up of a total operating expenditure of $83.67m and $24.36m for capital expenditure. We have reduced our capital expenditure by $4.3m for this coming financial year.

The Annual Plan sets out expenditure of $10.2m on renewals, $10.9m on increasing levels of service and $3.2m on growth.

We continue to operate within our set limit which is that annual rates increases are no more than the CPI + rating unit growth over the tenure of our Ten Year Plan.

Our projected external debt in 2014/2015 is $58.1m. This is $27m (or 32%) under our limit of external debt being no more than 150% of total rates revenue.

For everything we spend, we can only pay for it with 80% of the rates take, which is within our set limit. Anything on top of that is raised through other forms of revenue like fees and charges.

Our projected rates revenue for 2014/2015 is $57m (NB: our total revenue requirement is $75m). So at $57m, we're operating at 76% which is within our set limit of rates revenue being no more than 80% of total revenue.


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Joint Statement: Establishment Of NZ-China Strategic Partnership

At the invitation of Governor-General Lt Gen The Rt Hon Sir Jerry Mateparae and Prime Minister The Rt Hon John Key of New Zealand, President Xi Jinping of the People’s Republic of China made a state visit to New Zealand from 19 to 21 November 2014.

During his visit, President Xi Jinping met with Governor-General Jerry Mateparae, and held talks with Prime Minister John Key. The leaders had an in-depth exchange of views on bilateral relations as well as regional and international issues of common interest. More>>

 
 

Parliament Today:

Savings Targets: Health Procurement Plan Changes Direction

Next steps in implementing DHB shared services programme Health Minister Jonathan Coleman says the Government has agreed to explore a proposal put forward by DHBs to move implementation of the shared services programme to a DHB-owned vehicle. More>>

ALSO:

More on Health Policy:

Auckland Unification: 'No IT Cost Blowout' (Just More Expensive)

Following discussion of an update on Auckland Council’s Information Services Transformational Programme at today’s Finance and Performance Committee, council has released the report publicly. More>>

ALSO:

Other Expensive Things:

Gordon Campbell: On The SAS Role Against Islamic State, And Podemos

Only 25% of the US bombing runs are even managing to locate IS targets worth bombing. As the NYT explains at length, this underlines the need for better on-the-ground intelligence to direct the air campaign to where the bad guys have holed up... More>>

ALSO:

Public Service: Commission Calls For Answers On Handling Of CERA Harassment

EEO Commissioner Dr Jackie Blue is deeply concerned about the way in which the State Services Commission has handled sexual allegations made against CERA chief executive Roger Sutton this week and is calling for answers. More>>

ALSO:

Gordon Campbell:
On Andrew Little’s Victory

So Andrew Little has won the leadership – by the narrowest possible margin – from Grant Robertson, and has already been depicted by commentators as being simultaneously (a) the creature of the trade unions and (b) the most centrist of the four candidates, which would be an interesting trick to see someone try in a game of Twister. More>>

ALSO:

China President Wishlists: Greens Welcome Xi, But Human Rights Need To Be On Agenda

“President Xi has made some progress on climate change, but he must also lift the Chinese government’s game on human rights issues,” Green Party Co-leader Dr Russel Norman said... It is important that our Government continues to urge the Chinese government to show restraint and respect human rights in both Tibet and the Xinjiang province.” More>>

ALSO:

Airport Security Breach: CAA Fines Minister

Minister Brownlee has been issued an infringement notice and is required to pay a $2000 infringement fine for breaching Civil Aviation Rule 19.357(b), which states no person may be in an airport security area without an appropriate identity card or document. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news