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Watch: ICC Meeting, Rates Rise Set At 2%

May 05, 2020
1707 Views

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.

 

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