The Mackenzie District Council recently unveiled its Annual Plan for the upcoming year, announcing an average rates increase of 10.2% for the 2023-2024 period.
The decision was made during a meeting held in Tekapo on Tuesday, as the council acknowledged the prevailing challenges faced by New Zealanders due to high inflation rates and increasing interest rates.
This increase aligns with the council’s long-term vision, as it mirrors the figures outlined in the 2021-2031 Long Term Plan.
According to the plan, rate rises of 10%, 8%, 5%, 3.7%, 4.1%, 4.5%, and 0.7% are forecasted over the next seven years.
Chief Executive Angela Oosthuizen affirmed the council’s commitment to follow the direction set in the Long Term Plan, emphasizing the shared challenges experienced nationwide.
Despite these financial hurdles, the council’s elected members and dedicated team have exerted significant effort to minimize further rate increases.
Recognising the need to balance fiscal responsibilities with community expectations, the council budgeted for just over 2% inflation, allowing them to limit the average rate rise to 10.2%.
The Annual Plan highlights the diligent review of the council’s proposed work programs, ensuring that essential community obligations and infrastructure services are maintained at the desired level. By prioritizing and optimizing resources, the council aims to meet the expectations of the Mackenzie District community while responsibly managing the available funds.
As the Mackenzie District prepares for the upcoming fiscal year, this measured approach to rates adjustment demonstrates the council’s commitment to supporting its residents in the face of economic uncertainties.
The Council claims that by carefully navigating the current financial landscape, the council strives to strike a balance between providing essential services and minimizing the burden on ratepayers.
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