Upper Hutt Leader
Upper Hutt residents will face a rates rise of about 3.15 per cent for the 2014-15 financial year.
The rise is lower than expected. At an Upper Hutt City Council meeting yesterday the decision was made to trim the draft Annual Plan forecast rates hike of more than five per cent.
Changes include raising $500,000 for new economic development by loan instead of a $36 per household levy and a near $200,000 reduction in council insurance costs.
The council confirmed selling land to fund projects but several of the 27 sites earmarked to go on the market were removed, including Duncraig Park in Silverstream, Rata Park in Akatarawa and rural land in Whitemans Valley.
Agreement on the 35 hectare Silverstream Spur site was given in principle only with further study of the land's suitability for residential development to come.
The city's Annual Plan, including the rates rise, will be confirmed on June 25.
- Upper Hutt Leader