23 June 2009

RATES: SHAM

The stark realities of the Nelson City councils Claytons rate increases are now starting to be revealed, with reports coming to light about the size of the individual general rate increases that are being imposed.
Increases that have been heard of so far, are in the range of a staggering 14% to 21% percent.
If this trend of general rate increases, of nothing lower than 14% continues, then that situation is even worse than previously assumed, and is a blunt demonstration of the consequences of that idiotic and unnecessary mortgage holiday.
While the council are crowing about their falsely engineered 3.2% rate increase, the underlying reality is that the underpinning general rate increase, which is the bulk of the rates, is being pushed up at this astonishing speed.
That rate of increase is planned to continue over the next six years, after which council will then start clawing back the postponed charges in addition to increases of this magnitude, which have already been locked into place.
The future rates outlook for Nelson is bleak if this trend is confirmed.