Invercargill City councillors agreed this week to make the increase minimal because of the impact of Covid-19 on the economy and after advice from council’s finance manager.
Rates will only increase by 2% for the year starting July 2020.
The council was told year 3 of the long-term plan forecast a 3.5% rates rise, increasing to 5% two years after that.
The average rate was $2150, which would increase by about $40 a year with a 2% increase.
Consultation now open on special rates postponement scheme:
Council is proposing a new scheme to support people experiencing financial hardship as a result of epidemics, pandemics and natural disasters. It is proposed that this new scheme will be included within a new combined Rates postponement and remissions policy which will replace the existing separate policies.
Council is also seeking feedback on our Fees and Charges for 2020/21
Members of the public are invited to share their views on both documents before 5pm on May 29.
Click here to find out more, and to make a submission.