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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