- The use of your property.
Council operate rating categories (differentials) based on the use of the property. Different categories (for example residential, commercial, CBD commercial and Rural) will incur different rates.
- The valuation of your property.
City-wide property revaluations were carried out in 2015. These values are used for setting the rates for the following three years. Changes to valuations as a result of building consents, sub-division or change of use may also impact your rates from the following year.
- 2017/18 is the third year of the transition of the general rate from a land value basis to capital value basis.
Seventy per cent will be set on land value as a targeted rate, with 30 per cent moving to capital value as a general rate. What this means is if your property has a high proportion of its value in buildings, then this may result in your rates increasing.
- The Council has approved a 3.8 per cent increase to the total rates budget from the previous year.
When are your rates due?
Rates instalment due dates for the 2017/18 rating year
|1. East (North and South)
This represents all properties on the east side of the river.
|24 August 2017|
16 November 2017
22 February 2018
17 May 2018
|2. West (North and South)
This represents all properties on the west side of the river.
7 September 2017
30 November 2017
8 March 2018
31 May 2018