Christchurch City Council has formally adopted its 2018-28 Long Term Plan (LTP).
The document maps out the Council’s budget for the next 10 years.
“I want to thank the more than 1500 groups and individuals who submitted on the Long Term Plan and all the others who engaged with us in this process,’’ says Mayor Lianne Dalziel.
“Balancing our communities’ different wants and needs has been challenging, particularly as we are still facing significant costs for infrastructure repairs due to the earthquakes.
“We have made getting the basics right our top priority yet still been aspirational for our city, at the same time as keeping a lid on rate increases, which stays at an average of 5.5 per cent. That is about $2.80 more a week for a home with the average rateable value of $500,000 (including the contribution towards the Special Heritage (Cathedral) Grant.)
“Today’s adoption of the LTP means we can move forward with confidence,’’ the Mayor says.
Information on how the rate increase will impact on individual properties will be available on the Council's website from 10 July. People will also be sent a rates guide with all the details with their first instalment invoice in late July.