Annual Plan 2016/17
( Year 2 of the 10 Year Plan 2015-25)
We want to know what you think – have we got the balance right between the levels of service Council plans to provide, the rates we’re planning to charge you and the proposed Council debt?
The Annual Plan is based on year 2 of our 10 Year Plan. When we talked with people last year most said that our overall direction was right so we plan on sticking to it. We are proposing a few changes to put more emphasis on improving the way we consult and communicate, making Palmerston North a more exciting place to live and visit by having more events, and making it easier to move around the City. We can provide all of our current services, increase our renewals for water and wastewater to reduce the risk of services breaking down and do extra projects to improve the City for an increase in total rates of 3.8% next year. At the end of next year our debt is projected to be $122m, $16m less than the 10 Year Plan assumed.
We think this is a good balance. Do you? Have a look at our Consultation Document and tell us.
It is very important to note that the 3.8% is the increase in the total rates required. It is not the projected rate increase for individual properties. The impact on each property will be different. This is because every property in the City was revalued last year by independent valuers. These new land values will be used to calculate the rates. Some parts of the City (such as parts of Kelvin Grove, Ashhurst and Aokautere) had significant increases. Land values for most rural areas did not change. Some commercial properties dropped in value. Properties with bigger than average increases in land value will have bigger than average increases in rates. This map shows where the most significant changes in land value have occurred. If you visit our website - pncc.govt.nz/propertysearch - you can see the impact on your property in particular. Note the actual rates will vary from this depending on the final Annual Plan and any changes to your property before 30 June.
Map is indicative only - accurate valuations can be viewed on the Council’s website.