New valuations out now
New rating valuations have been carried out on all properties in the Hauraki District. Every three years, valuations are prepared on behalf of all councils by Quotable Value (QV). The purpose of these valuations is to help councils set rates for the next three years. The updated rating valuations are independently audited by the Office of the Valuer General.
The effect on different properties
Overall, residential property values in the Hauraki District have risen by 56 percent since 2015. Lifestyle property (defined as land area between 2500m2 and 20ha) values have gone up by 40 percent. Commercial and industrial property values have also increased around 20 percent. In the rural sector, the value of dairying land has dropped around 4 percent.
New values available online
Hauraki ratepayers should have received their new valuations in the post by now. The new values are also available to view online.
Objections
The objection period closed at 4.30pm 18 October 2018.
What will my rates be?
Any changes to the amount of rates you pay, based on the new valuations, won’t come into effect until July next year. These changes are separate to the rates increase we set in our Long Term Plan.
We have no control over property valuations, which are prepared by QV and independently audited. We expect there will be a similar increase in property values in other nearby districts.
Rates payments will be updated, based on the new valuations, on 1 July 2019.
We’ll let you know how these changes are likely to affect your rates payments closer to the time.
While the value of your property may have changed, it doesn’t necessarily mean the amount of rates you pay will change
Rating values are just one of a number of factors councils use to allocate rates.
The revaluations don’t change the total amount of rates we collect, but the proportion of rates that you pay on your property may change compared to other ratepayers.
Your rates bill is made up of a number of different rate types. Some of these are based on the capital value of your property.
General Rates
- apply to all properties
- based in part on capital value of property - properties benefit from or affect the need for services differently based on their value
- funds council services that the whole district benefits from
Uniform Annual General Charge (UAGC)
- apply to all properties
- all properties pay the same amount regardless of their value
- funds council services that the whole district benefits from
Targeted Rates
- only charged to those that directly use specific services
- examples include recycling, water supply and ward rates to support the facilities in the ward your property is in
- some targeted rates are based on the capital or land value of property
We’re always happy to discuss rates payment options/arrangements
We understand meeting rates payments can be difficult for some. If you’re on a low income, you may qualify for a rates rebate of up to $630. If your rates bill is in arrears you can still apply for a rates rebate. Read more about the Rates Rebate Scheme. You can choose to pay your rates weekly, fortnightly, monthly, or in instalments four times a year through automatic payments and direct debits.
If you are having difficulty meeting your rates instalments when due please come in and see us or give us a call.
easypayA simple and convenient rate payment option that will save you time and worry. |
