City ratepayers see substantial rates increase
Hamilton ratepayers will face an average rates hike of 9.7 per cent.
The Hamilton City Council consulted with ratepayers with a proposal of two years of 9.5 per cent but it was stripped back after two days of intense deliberation which ended on Friday night.
It resulted in rates being increased to 9.7 per cent and then 3.8 per cent annually after that.
Those who voted against were Angela O’Leary, Siggi Henry, and Paula Southgate.
When it came to deciding the capital value rating, mayor Andrew King declared his conflict of interest due to his portfolio of properties.
King removed the mayoral chains - and deputy mayor Martin Gallagher then took over the meeting.
There will be a three-year transition to full capital value rating, and a three-year transition to a Uniform Annual General Charge (UAGC) of $500. The UAGC is a fixed portion of rates and not an additional charge.
The Plan will be audited and is scheduled to be adopted on 28 June and takes effect from July 1.
Paula Southgate wanted the increase split over two years.