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NZ Empowered

UHCC Rates 3 Year Calculations

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....

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