Rates rise less than fore­cast

Matamata Chronicle - - News -

Waikato Re­gional Coun­cil adopted its 2014-15 An­nual Plan last Thurs­day and con­firmed an aver­age 0.9 per cent rates in­crease to ex­ist­ing ratepay­ers.

Most

ratepay­ers

will pay less than $5 ex­tra a year for ac­tiv­i­ties and ser­vices fo­cused on the re­gion’s en­vi­ron­ment and econ­omy.

The rates con­tri­bu­tion of 0.9 per cent is down from the 3.6 per cent pro­jected in the 2012- 22 Long Term Plan (LTP) as a re­sult of a fo­cused ef­fort to con­tain costs and im­prove the coun­cil’s ef­fi­ciency and ef­fec­tive­ness.

The ap­proved plan rep­re­sents the third year of the LTP adopted by the coun­cil in June 2012 and will be de­liv­ered on a rates rev­enue of $78.734 mil­lion.

Visit waika­tore­gion.govt.nz/ annualplan to read the an­nual plan on­line.

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