Coast council to keep ‘faith’ over rates
From local democracy reporter Brendon McMahon:
The West Coast Regional Council says it intends to keep "good faith" with ratepayers and not impose a further rates increase based on new capital valuations for the region.
New property valuations came in higher than expected in the 2022-23 annual plan.
The council yesterday gave notice it will reset its rates based on a yield increase of 17% against that anticipated in the 2022-23 Annual Plan from revised capital values for the region. It has called an extraordinary meeting for September 21, six days after the postal vote begins for this year's local body election.
However, it says the new valuation yield will not be reflected in this year's rates, with the "status quo" to remain.
The new valuations from QV arrived on July 1, two days after the council approved the rates rise based on what it had consulted the public with in the annual plan.
On June 28 the council approved a 10% rates increase for this financial year, but excluded a planned inflation adjustment of 2.3% which had been signalled in the long-term plan.
Last year, West Coast Regional Council rates went up 30%.
The public notice for the extraordinary meeting said the estimated rateable capital value of the West Coast had increased 15% above that used to set the general rate in June.
Chief executive Heather Mabin said the council had to set its rates to meet the statutory timeframe by the end of June, although it was aware there might also be a variation with the capital value baseline.
There had been a delay at council in being able to run the new capital valuations numbers due to an accounting system changeover at the council, she said.
As it turned out the new QV values "were much different" from what was expected, Mabin said.
Acting corporate services manager Marc Ferguson said they had done rates modelling before the system upgrade, but once the revised values were received some capital valuations had increased by as much as $10 for every $100.
Regardless of the council's intention not to pass on the yield increase this time it was required to give notice to reset the rates based on the adjusted QV values, he said.
The council proposed "in good faith" to maintain what it had previously set but against the new capital value yield figure.
"We're having to stick with the original rates amount posted in the annual plan ... it's the status quo," Ferguson said.
"It's not about us making extra money with the extra QV money."
However, notification of the first rates instalment would probably be pushed out to the end of October.
Unlock the Answer: Today’s Riddle is Trickier Than You Think!
What English word retains the same pronunciation, even after you take away four of its five letters?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Poll: Is it rude to talk on the phone on a bus?
Buses can be a relaxing way to get home if you have a seat and enough space. However, it can be off-putting when someone is taking a phone call next to you.
Do you think it's inconsiderate for people to have lengthy phone calls on a bus? Vote in the poll, and add your comments below.
-
64.2% Yes
-
33.2% No
-
2.6% Other - I'll share below
Paddy Gower seeks ‘bloody great Cantab’
The Kiwi journalist drilling deep into the country’s biggest issues is on a mission to find the local greats.
Paddy Gower is looking for the Good Kiwi in every region to feature in his show, The F@#$ing News - Paddy Gower Live on Tour.
To nominate a Good Kiwi, email reporters@press.co.nz with the name and a description of why your nominee should win. You an also share the local issues you think Paddy needs to tackle in the comments below.
It could be the woman whose knitting circle has made 3800 items for victims of domestic violence, the guy running the length of Aotearoa for mental health, or the woman with terminal cancer who spends her time campaigning to raise awareness and save lives.
“Basically I am looking for ... a bloody great Cantab who just gets on and gets things done. The criteria is somebody who has a positive attitude and makes the community a better place," Gower said.
“I will give this person the 'Big Ups' they deserve, and the community can celebrate them with me.”
A Good Kiwi will feature in each of Gower’s live shows in 14 centres through November and December. He will name the Cantabrian Good Kiwi at his Christchurch show on the evening of Friday, November 22, at St Margaret’s College.
The F@#$ing News - Paddy Gower Live on Tour is a sort of book tour, sort of stand-up comedy, some journalistic yarns and memoir, and some motivational speaking - with a fair bit of local in each show.
Gower also wants to know about topics of interest in the region.
“I’m ... going to be taking on a big issue facing Canterbury and offering up solutions.”
A stinky suburb, a neighbourhood needing a round-about or a cathedral in disrepair - “I will make your views count”, he said.
“I'm touring the nation to spread positivity, optimism and good vibes.”
*For tickets to the The F@#$ing News - Paddy Gower Live on Tour visit paddygower.co.nz