Christchurch council to consider 7% rates increase

12:49 pm on 29 June 2011

The Christchurch City Council is considering its annual plan on Wednesday, including a proposal to increase rates by 7.08%.

The plan proposes introducing a rates rise of 5.32%, plus an additional earthquake levy of 1.76% to help cover a projected deficit of almost $74 million in the next three years.

Because of the earthquakes which began in September last year, the council had a reduced period for public submissions and there will be no public hearings.

The period for written submissions closed on Monday. Sixty-three were received, compared with 230 last year.

Concerns most frequently raised were about the size of the proposed rate increase.

On Wednesday, the council will hear oral submissions from the eight community boards before moving to debate the final version of the annual plan.

The council is expected to sign it off on Thursday.