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How much does it all cost?

Proposed rates increase in 2018/19

Rate_increase_components.pngThe proposed increase to total rates revenue is 6.5 per cent for 2018/19. The majority of the increase (4.7 per cent) covers increased costs to provide services, service loan repayments and the proposals included in this plan. Additionally, 0.2 per cent covers the cost of new levels of service (stormwater improvements), and 1.6 per cent is due to growth in our ratepayer base.

These figures do not reflect individual rates rises. The change in rates on individual properties may differ from the average increase, because they are dependent on valuation changes, the mix of rate charges and the combination of services provided.

How is the money spent? Unpacking the 6.5%

Inflation = 2 per cent
Interest = 2 per cent

Council has approximately $60 million of loans. Loans are used to fund the cost of capital projects so that the cost of the project can be spread over the life of the asset which may span several generations, and that is fair to expect those people who benefit from the service should pay for it.

These loan funded projects include: upgrades to the Feilding Waste Water Treatment Plant, Makino Aquatic Centre redevelopment, and Feilding CBD redevelopment.

Levels of service = 1.8 per cent

This component is made up of increases to a number of budgets, necessary to deliver on the projects and maintaining existing levels of services we have set out in the Consultation Document and our Long Term Plan. We’ve worked hard to keep this percentage increase low by reducing a number of project and operational budgets. Here are some of the budgets that have changed:

  • Increases in costs to provide existing levels of service:
    Parks, Reserves and Sports Grounds, Makino Aquatic Centre, Wastewater
  • Increases in costs to provide new levels of service:
    Stormwater improvements
  • Savings:
    Roading, Water Supply

Reserves Funds = 0.7 per cent

Council is proposing to improve its financial resilience by building up reserves. This will enable Council to pay debt, undertake repairs to infrastructure in the event of an emergency and/or respond to unanticipated community requests. The reserves will be collected via General Rates.

How will my rates be used?

Feilding Resident
Based on a property with a
Capital Value of $330,000
Rural Resident
Based on a property with a
Capital Value of $769,000
without services
Annual rates $3,121 $2,103
Weekly rates $60.01 $40.43
  Water
$6.88 per week
  Wastewater
$14.71 per week
  Stormwater
$2.06 per week
Rural Drainage
$1.08 per week
  Solid Waste
$3.87 per week

$1.60 per week
  Roading
$6.50 per week

$12.58 per week
  Environmental Services
$3.42 per week

$3.42 per week
  Governance & Strategy
$3.48 per week

$3.48 per week
  Cemeteries
$0.52 per week

$0.52 per week
  Civil Defence
$0.44 per week

$0.44 per week
  Animal Control
$0.42 per week

$0.42 per week
  Halls & Recreation Complexes
$0.90 per week

$0.90 per week
  Library
$2.62 per week

$1.86 per week
  Makino
$3.73 per week

$2.66 per week
  Parks & Reserves
$4.35 per week

$3.13 per week
  Public Conveniences
$0.65 per week

$0.65 per week
  General
$5.46 per week

$7.69 per week

How will my rates change?

This table provides examples of different rating categories as they may apply to properties of various capital values, and shows the annual change in rates as a dollar figure and percentage. Actual changes, as they apply to specific properties, may depend on The capital value of the property, services provided and location.

Rating Category Capital Value 2017/18
Total Rates
(GST Incl)
2018/19
Total Rates
(GST Incl)
$
Annual
Change
%
Change
Feilding Residential $245,000 $2,885 $2,935 $50 1.7%
Feilding Residential $330,000 $3,091 $3,121 $30 1.0%
Feilding Residential $640,000 $3,841 $3,132 -$41 -1.1%
Feilding Residential
(multi-unit)*
$2,420,000 $32,733 $33,792 $1,059 3.2%
Feilding Rural with no water $450,000 $2,474 $3,026 $552 22.3%
Feilding Rural with services $610,000 $2,841 $3,509 $668 23.5%
Feilding CBD^ $3,800,000 $43,586 $35,385 -$8,201 -18.8%
Feilding CBD $510,000 $7,428 $6,385 -$1,043 -14.0%
Rural with no services $147,000 $1,067 $1,164 $97 9.1%
Rural with no services $660,000 $1,667 $1,892 $225 13.5%
Rural with services $195,000 $2,305 $2,462 $157 6.8%
Rural with wastewater $240,000 $2,097 $2,375 $278 13.3%
Rural with farming
as one remission
$1,184,000 $1,385 $1,681 $296 21.4%
Rural with no services,
3 dwellings
$6,250,000 $9,997 $11,740 $1,743 17.4%
Rural with drainage scheme,
2 dwellings
$5,250,000 $8,860 $10,498 $1,638 18.5%
Rural with Waituna West water
(47 units), 2 dwellings
$10,500,000 $29,256 $34,304 $5,048 17.3%
Industrial/Commercial $435,000 $3,530 $3,506 -$24 -0.7%
Industrial/Commercial $7,752,000 $28,909 $27,079 -$1,830 -6.3%
* Does not include volumetric charges - wastewater and water
^ Does not include volumetric charges - water only