What does that mean for Waitaki's rates?

The changes shown mean that the proposed average rates increase for the coming 2022/2023 year would be 7.47%.  

We are conscious that costs are increasing all around us, so we have worked hard to find savings and have managed to bring you a proposed rates increase of 7.47% - which  is lower than what was forecast in the 2021-31 Long Term Plan.

What will my rates look like in 2022/2023?

The rates for each property in the district are different, depending on the capital value of the property, and on the services the owners/occupiers receive, or are able to benefit from.

This table shows what your rates might look like next year (2022/2023), and how this compares to the current year (2021/2022).  The figures in the table include the proposed changes set out in this document.

  Example of
Residential
Ōamaru
Example of
Residential
Palmerston 
Example of Residential
Ōmārama
Example of
Residential
Herbert
Average Farming/
Agricultural 
- Waitaki
Average
Commercial - Waitaki
Example of
Commercial - Ōamaru
Rateable value of property
2021/2022
 $475,000   $255,000   $310,000   $265,000   $6,952,000   $1,684,000   $740,000  
Rate increase 
2022/2023 (%)
+7.88% +6.45%  +4.39%  +7.77%  +5.36%
(average)
 +9.47%
(average)

+13.1%

Rate increase 
2022/2023 ($)
 
 $216  $148  $94  $133  $709
(average)
 $1,023
(average)  
 $805
Rate 2021/2022 $2,742

 $2,295  $2,140  $1,711  $13,218
(average)
 $10,802
(average)
 $6,137
Rate 2022/2023  $2,958   $2,443  $2,234  $1,844  $13,927
(average)
 $11,825
(average)
 $6,942
Rate 2022/2023 
$ per day
 $8.10  $6.69  $6.12  $5.05  $38.15
(average)
 $32.40
(average)
 $19.02