Steep rates rises planned by Horowhenua District Council

The new drinking water and wastewater infrastructure suggested by Horowhenua District Council could see our rates rise steeply over the next few years.

Horowhenua District Council front page 20180219.

[19 February 2018] Stuff reports today on planned steep rates rises if the Horowhenua District Council goes ahead with new drinking water and wastewater infrastructure plans:

Steep rates increases are on the cards for Horowhenua, with annual rises of more than 6 per cent for the next few years.

The costly hit on homeowners is revealed in the Horowhenua District Council’s draft Long-Term Plan for 2018-2038.

It says the proposed rates increase for 2018/19 is 6.53 per cent.

Increases peak in 2021/22, at an expected 6.42 per cent.

By 2023/24, the increase is expected to soften to 2.91 per cent.…

Meanwhile, Horowhenua may lose its community halls and spend millions on new drinking water and wastewater infrastructure.…

A plan for new drinking water and wastewater infrastructure in Hokio Beach, Manakau, Ōhau, Waikawa Beach and Waitārere Beach could cost the council $108m. …

Horowhenua rates rises expected to peak in in 2021/22 | Stuff.co.nz

Rates calculation.
Rates calculation.

A quick spreadsheet shows that using the information above (and making some assumptions about when and how the increase reduces), for every $1000 of rates this year by 2023 we could be paying at least $1338.

3 thoughts on “Steep rates rises planned by Horowhenua District Council”

  1. Your maths is not correct.
    You have applied 6% accumulative over each of 5 years.
    The correct figure is $1,276, which is a total 27.5% increase over 5 years.

    1. Thanks. Always happy to have my maths challenged. I did reduce the last 2 years to 4% and 3% to reflect the drop mentioned in the article.

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