Christchurch ratepayers saddled with 53 per cent rates increase over 10 years
The Christchurch City Council has signed off on a $10.6 billion "back to basics" budget that will increase rates bills by more than half in 10 years.
Ratepayers will also have to pay a special levy of about $6.52 a year for 10 years to cover the council's $10 million contribution to help reinstate the Christ Church Cathedral.
The council has described its long term plan (LTP) as "focusing on the basics" after it decided to spend an extra $48m on wastewater infrastructure, $25m to improve drinking water – including getting rid of the chlorine – and to prioritise improvements to roads and footpaths.
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Poll: Are you starting to feel a lift in business confidence across the Canterbury region?
The Press reports that Canterbury is right in the middle of a construction boom, with activity forecast to peak around 2027 and major investment flowing into transport, water and energy infrastructure.
We want to know: Are you starting to feel a lift in business confidence across the Canterbury region?
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40% Yes
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60% No
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