New Plymouth Draft 10-Year Plan Proposes a Bold Future
Land business to pay for extending the Coastal Walkway to Bell Block. One of the options being floated in NPDC’s 10-year
work programme*
NPDC’s draft 10-year work programme proposes a new way to fund flagship projects and cap annual rates increases by
setting up a Land business. This proposal will be debated on Thursday by the Mayor and Councillors at a full council
meeting followed by extensive public consultation.
“We could recycle a small percentage of public land, such as half of the Fitzroy golf course to generate additional
revenue of about $40 million,” says Mayor Neil Holdom.
“Half of this money could help pay for flagship projects such as extending the Coastal Walkway to Bell Block, big ticket
water sustainability work, an aquatic centre redevelopment, a multi sports stadium or other big items which we believe
ratepayers will struggle to fund alone.
“The other $20 million could be put away to be perpetually reinvested to create a new wealth fund for our grandchildren.
“I make no apology for suggesting this bold approach, as I don’t believe our ratepayers can handle a double digit rates
hike. We need to strike the balance between rates, revenue, growth, services and the ability of our ratepayers to fund
it all. Ensuring that our facilities stay in good condition, our taps continue to run and our services continue at their
current level, while committing to a five per cent cap on annual rates increases.”
For the average residential ratepayer, the proposed increase in 2018/19 is $1.68 per week (3.9 per cent). The average
annual rise over the 10 years of the plan will be approximately 2.9 per cent for the average residential ratepayer, with
a cap of five per cent in any one year.
For the next 10 years NPDC has a total estimated budget of about $2.09 billion. The day-to-day running of NPDC
(operational expenditure) is about $1.6 billion. Investing in existing/new facilities (capital expenditure) is about
$491 million.
The 10-year plan proposes a work programme over six broad themes:
• Lifestyle: $610 million
• On the Move: $399 million
• Treasure our Water (Wai Warrior): $263 million
• Prosperity: $189 million
• Zero Waste 2040: $175 million
• Flagship projects: $40 million.
NPDC is looking forward to public feedback on the draft 10-year plan, including during the formal consultation period in
March next year.
* Known as the Long Term Plan under local government legislation.
ENDS