15 December 2005
Change to Kapiti Coast rating system proposed
After considering more than 1650 submissions on the review of the rating system, the Finance & Audit Committee of the Kapiti Coast District Council today approved a move away from pure land value rating to a system
combining aspects of land value and capital value.
Finance & Audit Committee chair Barry Mansell said the decision maintained land value rating for all existing land value rated
activities but moved stormwater from a fixed charge to a rate based on capital value.
“Of the 1655 submissions, roughly two-thirds were in favour of the status quo but there was a desire for change to full
capital value rating from the other third. They clearly represent the views of people who are disadvantaged by the
current land value-only system.
“There is some support for reducing the level of fixed charges. Moving the stormwater from a fixed charge to one based
on capital value achieves that to a small degree. That change will bring the level of fixed charges to below 30 per
cent. “The change proposed to the basis of stormwater rating reflects the fairness and equity we aimed to achieve with
the process.
“It will provide some rating relief to people on lower value properties who are currently paying the same rates for
stormwater through fixed charges as those on high valued properties,” Mr Mansell said.
The approach that the Finance & Audit Committee approved today will now be included in the draft Long Term Council Community Plan for consultation
early in 2006.
ENDS