Te Upoko o te Ika a Māui / Wellington
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Long-term Plan and rates update
wellington.govt.nzA proposal to deal with Wellington City Council’s significant external economic pressures while continuing to deliver for the capital city was today presented to elected members working on the 2024-34 Long-term Plan.
The initial starting point for next year’s rates increase following input from elected members was 26%.
With additional levers being pulled, today's budget proposes significant reductions in planned capital and operating expenditure and would result in a predicted rates increase of around 14-16% for the 2024/25 financial year.
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