Other plans and policies
The funding impact statement details the different types of rating mechanisms used across the city to collect rates. The key changes to this statement have been to equalise the Shopping Plaza Differential with the Business Differential, stop the City Centre Development Rate charged on 56 properties in the city centre and instead introduce a City Development Rate, and lower the Business Differential over six years from 3.5 to 3.1. It was also decided to consult on retaining the Hongoeka Community Differential at 0.7 as part of the Long-term Plan proper.
We also updated the Rates Remission and Postponement Policy that details the different circumstances that rates can be considered for remission or postponement. The two main changes to this Policy was the addition of a rates remission to incentivise residential development in the city centre, along with some changes to the business and economic development remission to clarify the types of rates that can be remitted.
Development Contributions Policy
Over the next 20 years, many parts of our city are expected to grow significantly and we want to make sure that everyone pays their fair share toward infrastructure and other costs that arise as our city grows.
The key changes to the 2018 Development Contributions are:
- Updated definition and commencement date of residential services for retirement homes/village
- Removal of the transition provisions that addressed the transition from the financial contributions regime.
- Removal of the reassessment clause provisions to provide certainty for larger developments.
- Change to the Development Contribution charges (updated to reflect the discussion at the City Direction Committee meeting on 7 June 2018) as the base 2018 Development Contribution charges. This includes combining catchment areas Whitby High Level Reservoir and Urban Duck Creek Greenfield 14 Reserve in one catchment area as the total Development Contribution charges for these two areas is now proposed to be the same.
- Phase-in the approach for introducing development charges as follows with 25% of the phased-in development contribution charges payable at the consent approval stage and the balance of the development contribution charges payable at the time of the issuing of 224 certificates. If the consent lapses then the development contributions deposit would be refunded.
See our Development Contributions page for full details.
Asset management plan summaries
To complement the Infrastructure Strategy and provide a little more detail on our assets, we’ve put together summaries of our asset management plans for you to read (all in pdf format).