Council ponders 3.67pc rate rise
Timaru District councillors will on Monday consider a draft budget showing a district-wide rate increase of 3.67 percent for 2014-15.
Three days have been allowed to debate the annual plan, which will result in the rates being struck, with the draft calling for an overall collection of $48.923 million.
Last year the district's rates rose 4.78 percent.
The draft annual plan, the result of hours of work by council staff, contains a number of big ticket items which will be examined carefully before being ratified by the council.
The big ticket items include the proposed replacements of seats at the Theatre Royal which has seen $500,000 budgeted and resurfacing of sports courts and cycle tracks at the old Pleasant Point High School which is budgeted to cost $390,000.
The renewal of footpaths for the district is budgeted to cost $709,000, while $2.28 million is allowed for the widening of the Factory Rd bridge.
The cost of upgrading Timaru's stormwater system has nearly doubled, with $709,000 set down, up from the $359,000 originally budgeted for it in the council's long-term plan.
Downlands water supply renewals would not be cheap, budgeted to cost $5.697m, compared with an original estimate of $298,000 in the long-term plan.
A reservoir cover for the Downlands water supply was budgeted to cost $328,000.
- The Timaru Herald