As there were few changes from the Long Term Plan 2018-2028 we did not consult on the Annual Plan this time.
The Annual Plan for 2019/2020 sees an increase of 2.74% in rates income, a 0.32% increase on the rates forecast in the Long Term Plan 2018 – 2028, adopted last year.
The major drivers of the 0.32% increase include the need to replenish the Flood Protection and River Control Activity emergency fund depleted after ex-cyclones Fehi and Gita, the legislative need to review the Tasman Resource Management Plan and Tasman Regional Policy Statement and higher insurance premiums.
We have made a small number of changes to our capital programme, lowered operational expenditure and lessened our debt levels compared with our programme for 2019/2020 in the Long Term Plan 2018 – 2028.
The new water treatment plant for Wakefield has been delayed as we have to test the raw water at its source to ensure we design the best treatment system, and secure land access.
Improvements to the Nelson Regional Sewerage Business Unit (NRSBU) have also been delayed awaiting resource consent decisions. On the positive side, the Mapua water and wastewater upgrade has been brought forward a year with preliminary work to start shortly. The increase in rates income of 2.74% will see overall rates increases (including targeted rates) ranging from 0.4% to 5.8% across the district depending on the location and value of the rateable property.
You can get an estimate of the rates level for your property in 2019/2020 by using our rates search.