Rates for 2021/22
In 2021/22 our property rates increased an average of 7.79 percent across the district, to cover the cost of providing our services and facilities, and initiatives identified as part of our Long-term Plan 2021–41.
Reasons for 2021/22 increase
The main reasons for the 2021/22 rates increase were:
- the work agreed in the Long-term Plan 2021–41
- we're playing catch-up after a lower-than-proposed increase last year in response to COVID-19
- increased costs of managing assets.
While we have the lowest total operating spending per ratepayer out of 67 councils, we rely mainly on rates to fund and maintain our services and cover the costs of inflation. Other councils may have other revenue streams to fund their services, such as income from a council-owned port.
Some of our costs – including the cost of infrastructure such as roads – are going up faster than household inflation.
Average rates vs individual property rates
While the average property rate increase for 2021/22 is 7.79 percent, increases for each property will vary due to:
- property differences in value, type and location
- the changes in a property's value in last years' districtwide revaluation (revaluations are carried out every three years)
- the impact of Greater Wellington Regional Council's rates increase.