Below is what we believe the rates will be according to the recent meeting.
Year 1 - 19.93%
Year 2 - 19.96%
Year 3 - 13.63% - Was going to be 19.88%
For those unsure how to work out your rates hope the below helps?
EXAMPLE..
Current Rates now x 1.1993 = XXXXXX
Second year XXXXXX x 1.998 = YYYYYY
Third year YYYYYY x 1.1363 = ZZZZZZ
$2176.00 x 1.1993 = $2,609.68
$2609.68 x 1.1998 = $3131.09
$3131.09 x 1.1363 = $3557.85
Let's hope community groups, renters and businesses will not be to affected at present.
We worked hard as we could as a Community to stop this...and it will be Council record the Comments and the people who had a chance to sign....Wish we could have done more....