Will Rates Hit a 35 Percent Increase Over Three Years?

If you are a Thames Coromandel district ratepayer, pull out your rate demand and check the numbers.

For some people their rates have increased around 27 percent over the past two years. Earlier this week your council started looking at its annual plan which will set next year’s rates.

Those councillors have forecast another 7.7 percent increase in the long term plan which means over three years, rates bills will have rocketed 34.7 percent. Councillors got a look at the first cut of numbers this week behind closed doors.

We asked Mayor Len Salt if he believes the projected increase will be achieved. Open the link below to hear the response.