Fears rates could go up

A number of Waitakere residents fear the latest round of council commissioned property valuations could be setting them up for big rate rises.

Thursday, December 2nd 2004, 2:40PM

by The Landlord

The Waitakere City Council uses the property valuations to help it calculate annual rates.

Valuations are done every three years but the latest round, completed by Quotable Value Rating, is causing concern among some homeowners who fear large rate increases could follow.

Among them is New Lynn resident Gerald Taylor.

He says the council's valuation of his property is $280,000 – $60,000 more than a registered valuation he received a week earlier.

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