Wellington City Council Setting Residential Rates for 2008
Public meeting on 2007 Annual Plan39 percent voted in the 2007 Council elections
Amongst the many things decided at Tuesday's Strategy and Policy meeting (11th March 2008) for the Annual Plan was the setting of rates for 2008. At this Strategy and Policy meeting only three councillors opposed the continued shift of commercial rates onto the residential ratepayer. Those Councillors were Bryan Pepperell, Helene Ritchie and Leonie Gill.
The differential movement was halted during the election year as it was considered to be politically contentious. It has now been recomended that it move once again, this time from from 4.2 to 3.8 . This movement will have to be added to the residential rate increase. The impact will be felt by all renters and rataepayers throughout the city.
posted by pepptalk at 1:32 PM
1 Comments:
Dear Bryan,
For some time now we hear through the media that houses have been over valued in some cases by as much as 30%.
As I understand it the rates we pay to our prospective council's nationwide must then also be to high. Should we therefore not expect to pay less rates now the values of everyone's properties has dived?
And what about the next notice of valuation from WCC should we, the ratepayers, not accept the next valuation unless it is "less" then last years quote in line with the global decline?
RATE PAYERS BEWARE!!!!!!!!!!!!!!
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