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GWRC approves lower than forecast rates increase

26 June

Media Release

Greater Wellington Regional Council approves lower than forecast rates increase

Greater Wellington Regional Council has approved an average rates increase of about $21 per household per year (40 cents a week), or 5.7% , in its Annual Plan for 2014/15.

The rates increase will vary across Greater Wellington region, based on capital values and range from $5 to $34, depending on the location and value of property. The proposed average rate increase is less than the 6.1% suggested in the Draft Annual Plan 2014/15, and lower than the 10.4% rise as set out in Year 3 of the Long Term Plan (LTP).

The Council also approved the 2.5% increase in the water levy. This is a decrease from the 4% increase originally planned in the Long Term Plan.

ENDS


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