File ref: IRC-4436
03 March 2023
Geoff Palmer
FYI website
Kia ora Geoff
Rates increase
Thank you for your request made under the Local Government Official Information and Meetings
Act 1987 (the Act), received on 16 February 2023. You requested the following information:
•
Media reports say council officers originally proposed a 17% rates rise this year. "'We've
done what we can to rein it in': Wel ington's rates jump was originally 17%" The mayor too
said, “The council has already found savings to offset these pressures to keep the proposed
rates increase at 12.8%.” "Where wil you find $450? Wel ington poised for another eye-
popping rates rise"
•
What are these savings?
•
What, precisely, has been cut from the original rating increase proposal to "keep the
increase to 12.8%"?
Wellington City Council has granted
your request for information.
On 28 February, Wellington City Councillors approved the draft annual plan budget for 2023/24,
which includes a proposed 12.3% rates rise. This works out to an average of $8 per household per
week and would apply from 1 July 2023.
The budget prioritises continued investment in essential infrastructure, resilience, and climate
action. More information is available here:
Wellington City Councillors approve draft annual plan
budget
Council faces significant cost pressures from increased inflation rates, depreciation costs,
increased cost in borrowing and rising insurance costs. To help manage these cost pressures,
Council has agreed to:
• Defer any new additional funding matters to the 2024-34 LTP (Long Term Plan) for
consideration
• Delay debt repayments (for covid related borrowing costs)
• Delay leaky homes rates funded provision
• Utilise some prior year accumulated surpluses to offset the rates increase
• Additional organisational savings
• Increase user fees and charges for 2023/24 in line with the Revenue and Financing Policy to
ensure those that benefit from a service pay an appropriate portion of the costs.
The draft Annual Plan was discussed at a recent Council meeting, which included the budget. The
minutes of this are available on our website below, the budget is discussed on page 13 which
includes approaches to offset cost pressures:
Minutes of Kōrau Tōtōpū | Long-term Plan, Finance, and Performance Committee - 23 February
2023 (wel ington.govt.nz)
You can have your say on the draft annual plan throughout April. Materials wil be published on
the Council’s website here:
Kōrero Mai | Wellington City Council
You can also contact your local Councillor directly. You can find information for your local Councillor
and the best way to contact them here
: About the Council - Councillors - Wellington City Council
Please note, we may proactively release our response to your request.
Thank you again for your request, if you have any questions, please feel free to contact me.
Kind regards
Claudia Holgate
Senior Advisor, Official Information
Wellington City Council | 2 of 2