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Double-digit rates rise tipped for average Palmerston North homeowners

Summary by Ground News
Some Palmerston North residents could have such large rates increases next year that even mayor Grant Smith voted against the draft annual plan. The committee of council on Wednesday recommended a draft plan for 2022/23 that requires an overall 8.3 per cent rates rise. But recent revaluations have seen residential land values increase significantly compared to other property types, skewing the imposition of the rates burden.

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StuffStuff
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Double-digit rates rise tipped for average Palmerston North homeowners

Palmerston North mayor Grant Smith wants to scale back ambitions for the city.

·New Zealand
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  • 100% of the sources lean Left
100% Left
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Stuff broke the news in New Zealand on Thursday, March 3, 2022.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

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