Rate to rise 0.62pc

Last updated 05:00 07/06/2014

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Invercargill residents will face a rates increase of just 0.62 per cent after the council approved several grants during the annual plan process.

The draft annual plan proposed a 0.43 per cent rates increase but after hundreds of submissions, Invercargill Mayor Tim Shadbolt revised that increase to 0.62 per cent.

The council still has to approve the changes at the full council meeting on Tuesday but Shadbolt said the council had discussed the changes in a workshop.

The changes include, $50,000 for the Bluff Coast Guard for a new vessel.

The council will continue with plans to cease funding for Vibrant Invercargill and scrap a targeted rate for South Invercargill.

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