Page 8 - 16001 10YP Summary

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6
RATES
– THE LOWDOWN
GENERAL RATES MAKE
UP ABOUT 60% OF THE
COUNCIL’S INCOME
AND PAYS FOR A HUGE
RANGE OF FACILITIES AND
SERVICES IN HAMILTON.
We have pledged to get debt under control and
to limit debt to about $440 million for the next
10 years.
But we’ve also listened to community feedback
and know you want us to keep rates rises to a
minimum.
That’s why we’re proposing a total rates increase of 3.8% each
year for the next 10 years for existng ratepayers. That will give you
certainty with rises that are lower than seven of the last nine years.
If the rises were lower than 3.8%, we’d need to make more cuts
to Council services to live within our means. But if we didn’t make
any cuts to Council services your rates rise next year would need
to be about 8.3% to keep everything as it is now.
Let us know if you think we’ve got that balance right.
0 20 40 60 80 100
City Safety
Water Supply
Community Services
City Prosperity
Transportaton
Wastewater
Arts and Recreaton
City Planning and Development
Stormwater
Parks and Open Spaces
Solid Waste Management
Democracy
Rates
Other (User charges, loans and subsidies)
%
“We have to find the
balance between what we
can afford and the services
we want from Council.”
How Council’s service groups are funded