Rates Movements
Changes in rates for 2019/20 are largely in line with what was previously forecast.
Overall, rates across the district are forecast to increase from 1 July 2019 by approximately 6 percent, as signaled in the LTP. This is an average across the district, and actual movements may be smaller or greater than this amount, but for most ratepayers the increase will be 5 to 6 percent. The rate rises are largely to fund the increasing range of services that will be available for the Selwyn community, including Te Ara A¯ tea and the Foster Park indoor courts.
Following are examples of rating changes for the 2019/20 year in selected locations, showing the proposed rates compared with the current year. Rate rises for individual properties will also be affected by the valuation movements in the district, as a result of the changes arising from the recent rating valuation.
Major Townships | Capital Value | LTP | Annual Plan | Change |
| 2018/2019 | 2019/2020 |
| |
$ | $ | $ | % | |
Darfield | 490,000 | 2,577 | 2,730 | 6.0% |
Leeston | 430,000 | 2,932 | 3,104 | 5.9% |
Lincoln | 675,000 | 3,188 | 3,341 | 4.8% |
Prebbleton | 660,000 | 3,141 | 3,299 | 5.0% |
Rolleston | 665,000 | 3,186 | 3,357 | 5.4% |
Rural | Capital Value | LTP | Annual Plan | Change |
| 2018/2019 | 2019/2020 |
| |
$ | $ | $ | % | |
Darfield | 9,900,000 | 13,355 | 13,772 | 3.1% |
Ellesmere | 2,060,000 | 4,257 | 4,452 | 4.6% |
Malvern | 3,900,000 | 11,800 | 12,737 | 7.9% |
Springs | 3,595,000 | 4,308 | 4,731 | 9.8% |
Selwyn Central | 6,610,000 | 10,620 | 11,587 | 9.1% |
Commercial | Capital Value | LTP | Annual Plan | Change |
| 2018/2019 | 2019/2020 |
| |
$ | $ | $ | % | |
Rolleston | 2,790,000 | 3,549 | 3,882 | 9.4% |
Locations | Capital Value | LTP | Annual Plan | Change |
| 2018/2019 | 2019/2020 |
| |
$ | $ | $ | % | |
Armack Drive | 550,000 | 2,478 | 2,623 | 5.9% |
Arthurs Pass | 320,000 | 1,652 | 1,831 | 10.9% |
Castle Hill | 590,000 | 2,417 | 2,593 | 7.3% |
Coalgate | 415,000 | 1,752 | 1,933 | 10.3% |
Doyleston | 470,000 | 2,539 | 2,713 | 6.9% |
Dunsandel | 305,000 | 2,283 | 2,456 | 7.6% |
Edendale | 715,000 | 2,641 | 2,848 | 7.9% |
Glentunnel | 660,000 | 2,034 | 2,235 | 9.9% |
Hororata | 450,000 | 1,888 | 2,057 | 8.9% |
Johnsons Road | 710,000 | 2,550 | 2,706 | 6.1% |
Jowers Road | 795,000 | 2,589 | 2,769 | 7.0% |
Kirwee | 615,000 | 2,586 | 2,763 | 6.9% |
Lake Coleridge | 270,000 | 2,122 | 2,321 | 9.4% |
Rakaia Huts | 295,000 | 1,753 | 1,886 | 7.6% |
Rolleston (Lifestyle Property) | 650,000 | 1,487 | 1,667 | 12.1% |
Sheffield | 370,000 | 2,291 | 2,461 | 7.4% |
Springston | 475,000 | 2,984 | 3,142 | 5.3% |
Southbridge | 390,000 | 2,919 | 3,070 | 5.2% |
Tai Tapu | 680,000 | 3,138 | 3,316 | 5.7% |
West Melton | 720,000 | 3,194 | 3,350 | 4.9% |
Whitecliffs | 330,000 | 1,776 | 1,955 | 10.1% |