Coun­cil ap­proves plan, sets rates

Marlborough Express - - NEWS - OLIVER LEWIS

The Marl­bor­ough District Coun­cil rates take will in­crease by 2.48 per cent for the up­com­ing fi­nan­cial year, with new rat­ing charges set to take ef­fect from Satur­day.

Coun­cil­lors voted at a full coun­cil meet­ing on Thurs­day to adopt the 2017/18 an­nual plan and adopt new rates, which cov­ered the pe­riod from July 1 to June 30, 2018.

The 2.48 per cent in­crease was in to­tal rev­enue - which the coun­cil es­ti­mated would be $64.06 mil­lion - as op­posed to a spe­cific rates in­crease, as this var­ied by property.

How­ever, the coun­cil did pro­duce in­dica­tive im­pacts for 36 bench­mark prop­er­ties, spread across the six dif­fer­ent ge­o­graphic rat­ing ar­eas around Marl­bor­ough.

The res­i­den­tial property with the high­est in­crease in Blenheim, which had a cap­i­tal value of $310,000 and a land value of $160,000, would pay $2519 in rates, a $19 in­crease on the pre­vi­ous pe­riod.

The bench­mark property fig­ures showed that, de­spite the over­all in­crease in rates rev­enue, some prop­er­ties would face a de­crease in the cost of rates over the pe­riod.

A bach in Ngakuta Bay, in the Marl­bor­ough Sounds, with a land value of $155,000 and a cap­i­tal value of $410,000, would pay $248 less this rat­ing pe­riod, a 28.41 per cent de­crease.

Coun­cil cor­po­rate fi­nance man­ager Martin Fletcher said one new tar­geted rate was in­tro­duced this year. Pool own­ers would be charged a fixed amount of $76 to cover the cost of car­ry­ing out in­spec­tions un­der the Build­ing (Pools) Amend­ment Act.

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