Waikato Regional Council has today adopted its 2013/14 Annual Plan and confirmed an average 1.3 per cent rates increase to existing ratepayers.
For the majority of ratepayers, the overall increase will be less than $15 per annum.
“We’re pleased to confirm our work programme based on a budget which sees a decrease in the general rate and an increase in targeted rates to fund services requested by the community,” said regional council chairman, Cr Peter Buckley.
The approved plan represents the second year of the 10-year plan the council adopted in June last year, and will be delivered on a rates revenue of $77.047 million.
The rates revenue increase is driven solely by targeted rates to meet the cost of stopbank improvement works and extended priority possum control operations.
The general rates decrease is a result of savings achieved through joint procurement initiatives, general efficiencies, and the application of surpluses from the 2011/12 and 2012/13 financial years.
Visit www.waikatoregion.govt.nz/annualplan from next week to read the annual plan online. Copies will also be available to read in Waikato Regional Council offices.