Aucklanders face $100 more in rates under proposed budget
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English - December 01, 2020 05:19 - 1 minute - 1000 KBNews Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
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The average Auckland household will pay more than $100 more in rates next year if Auckland Council's proposed budget gets the tick.
Mayor Phil Goff has announced a proposed one-off five percent rates rise as part of its Covid-19 recovery plan.
The council is forecast to lose $1 billion in revenue because of Covid-19, over the next four years. Goff says the budget prioritises Auckland's recovery from the pandemic.
He said the rates rise will return to 3.5 percent after next year's one-off five percent hike.