Average rates hike of 5.6pc for Taupo
There does not appear to be any relief in sight for ratepayers in the Taupo district after a close scrutiny of budgets and a massive $22.8 million cut to proposed spending for the coming year.
Monday, June 20th 2005, 6:52AM
by The Landlord
Taupo/Kaingaroa-Mangakino/Pouakani ratepayers still face an average 5.6 per cent rates increase in the coming financial year, while in the Turangi/Tongariro ward it is likely to be an average of 3.7 per cent.At the beginning of the current round of planning, capital expenditure over the whole district was set at $59.9 million.
Following the current round of submissions from the public, around 15 items were cut from the draft annual plan, although another seven have been added.
Items cut include some funding for East Taupo Arterial, water treatment at Taupo and Kinloch, parks and reserves spending and lake and river control.
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