CODC approves 7% average rates increase

The Central Otago District Council yesterday rubber-stamped a 7% rates increase, with no discussion.

The rise was an average percentage increase across the district, but ratepayers' increases would vary, depending on which ward they lived in, corporate services manager Susan Finlay said in her report to the council.

The council will collect $20,449,510 in rates for the 2010-11 year, compared with $19,084,637 for the 2009-10 year.

Each ratepayer's bill includes a component for district-wide expenses (such as roading, waste and water), as well as a ward component for assets in specific areas (such as town halls, swimming pools and reserves).

A general flat fee is also charged.

The ward components of rates were set by community boards for the respective wards.

 

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