Councillors at Tuesday’s corporate and engineering services committee meeting passed a recommendation proposing ‘in principle’ support for the rises for the 2013-14 financial year that will now go before this Tuesday’s council meeting. If approved, the proposed land rates will be advertised for public comment before returning to the council for final approval as part of budget documents next month.
While 20,939 residential properties are facing a 7.6 per cent rise, the City could raise its minimum rate 10.8 per cent to $885.
Non-residential is also flagged to rise 10.8 per cent. If adopted, the rate rise would yield the City $57 million ” a net increase of about $6.09 million compared with the current financial year.
Councillors at Tuesday’s committee meeting passed an alternative recommendation to that of the officer’s report that proposed advertising a 6.3 per cent rise for residential properties to ease the impact on the City’s lowest ratepayers. Mayor Barry Sammels said that while a 6.3 per cent rise would bring relief for the majority of residents, it would leave others to bear the brunt.