Annual Plan 2025/26
Sticking to the plan - building a resilient future for Kāpiti
This is year two of the 2024–34 Long-term Plan.
In the coming year, we’ll be progressing the work we agreed with the community and continuing our financial strategy to reduce debt and build resilience. Because the changes we’re making will not impact agreed service levels, formal consultation with the community is not required this time.
In the LTP, we committed to living within a projected rates increase of seven percent after growth for the 2025/26 year. We have made every effort to ensure we achieve this, and to do our bit to help our community in these hard times.
In the last year, cost increases of a further 2.7 percent have arisen, including new water regulation levies from Taumata Arowai and the Commerce Commission, along with higher energy, security, maintenance, and staffing costs.
We have worked hard to remove $3.1m from the budget to offset these pressures to get to an overall rates increase of 6.9 percent.
We did this by:
- Cutting our staff headcount by 15 positions, saving $1.45 million.
- Reducing roading work that is no longer subsidised, saving $259,000.
- Reducing and deferring some grant funding, saving $541,000
- Cutting costs in our office facilities saving $65,000
- Revising work programmes and operational efficiencies saving $382,000.
As well as finding savings we have adjusted our fees and charges in a few areas to recover additional costs of $387,000.
How does this impact your rates?
While the increase in overall rates revenue is 6.9 percent, the impact on rates for your property will depend on your property value, type, and location.
The information below shows the increase for median properties in 2025/26. These figures include GST and water rates based on 255 m3 per year for residential properties and a fixed water rates for commercial properties. Greater Wellington Regional Council rates, which we collect on their behalf, are still being determined and are not included.
Median Property Values
* Median property refers to the middle value when all properties in an area are ranked by their value.
Paekākāriki
Capital value: $860,000
Land value: $540,000
Current rates: $4,565
Increase/[decrease]: $343.36
Increase/[decrease] per week: $6.60
Paraparaumu
Capital value: $720,000
Land value: $410,000
Current rates: $4,475
Increase/[decrease]: $374.67
Increase/[decrease] per week: $7.21
Raumati
Capital value: $760,000
Land value: $450,000
Current rates: $4,656
Increase/[decrease]: $387.88
Increase/[decrease] per week: $7.46
Paekākāriki
Capital value: $860,000
Land value: $540,000
Current rates: $4,565
Increase/[decrease]: $343.36
Increase/[decrease] per week: $6.60
Paraparaumu
Capital value: $720,000
Land value: $410,000
Current rates: $4,475
Increase/[decrease]: $374.67
Increase/[decrease] per week: $7.21
Raumati
Capital value: $760,000
Land value: $450,000
Current rates: $4,656
Increase/[decrease]: $387.88
Increase/[decrease] per week: $7.46
Commercial
Capital value: $770,000
Land value: $485,000
Current rates: $6,054
Increase/[decrease]: $448.75
Increase/[decrease] per week: $8.63
Calculate your rates
We have a handy rates calculator where you can see what your estimated rates will be for 2025/26.