Meeting of the Hawke's Bay Regional Council
Late Items
Date: Wednesday 28 February 2024
Time: 9.00am
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Venue: |
Council Chamber Hawke's Bay Regional Council 159 Dalton Street NAPIER |
Agenda
Item Title Page
Information or Performance Monitoring
16. Revenue and Financing Policy review– Further analysis for deliberations 3
Wednesday 28 February 2024
Subject: Revenue and Financing Policy Review– further analysis for deliberations
Reason for Report
1. Attached is further analysis undertaken to support decision-making on the Revenue and Financing Policy review. This information was either requested by Councillors at the Hearing on 13 February or in response to common themes raised in submissions.
Attachments
2. Socio-economic assessment: As referred to in paragraph 31 in the report entitled “Revenue and Financing Policy Review Deliberations - Proposed Move from Land Value To Capital Value For The General Rate” and paragraph 16 in the report entitled “Revenue And Financing Policy Review Deliberations - Revenue And Financing Policy”. It compares the impact on 30 high socio-economic status properties and 30 low/medium socio economic properties across the region (predominately residential) using the New Zealand Index of Deprivation, 2018 (NZDep2018) (arcgis.com). The results indicate that areas of low socio-economic status are less impacted by the cumulative changes than high socio-economic areas. Note this is not a definitive analysis of all properties rather a test of social impact including ability to respond to the change.
3. Sustainable Land Management, Biodiversity/Biosecurity rates: As referred to in paragraph 22 in the report entitled “Revenue and Financing Policy Review Deliberations - Sustainable Land Management, Biodiversity and Biosecurity Rates”. Staff have modelled two additional splits for these two rates which were moved to the general rate in the proposal. The new splits are 75 GR : 25 TR and 90 GR : 10 TR (*note this was incorrectly noted as 50/50 split in the report). Council could consider shifting some cost back to a targeted rate if it agrees that identifiable parts of the community benefit or cause the need more than others; and the net benefit of a separate targeted rate outweighs the benefits of including it in the general rate (a step one decision). The effect is to move burden off urban and onto non-urban.
4. Sample Rates and Property Assessment for Lifestyle Properties: Staff have provided additional sample rates to show the impact on lifestyle properties. These are p8 of the attached sample properties for comparison of rates. Also attached is a property assessment done for a lifestyle property experiencing a large percentage increase. Changes to the flood protection rate and the PT footprint are two of the changes having the biggest impact for some lifestyle properties. A lifestyle property is defined by QV as:
5. Public Transport maps: the first map shows the new passenger transport rate footprint with future bus routes as proposed under the Regional Land Transport Plan. The second map shows the new PT footprint with existing bus routes. The second map is included in the report entitled Revenue and Financing Policy Review Deliberations - Passenger Transport Rate.
Decision Making Process
6. Staff have assessed the requirements of the Local Government Act 2002 in relation to this item and have concluded that, as this report is for information only, the decision making provisions do not apply.
That the Regional Council receives and notes the Revenue and Financing Policy review– Further analysis for deliberations staff report.
Authored by:
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Desiree Cull Strategy And Governance Manager |
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Approved by:
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Nic Peet Chief Executive |
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1⇩ |
Socio-economic assessment |
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2⇩ |
Sustainable Land Management, Biodiversity/Biosecurity rates |
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3⇩ |
Sample Rates for Lifestyle Properties |
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4⇩ |
Property Assessment for Lifestyle Properties |
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5⇩ |
Public Transport Maps |
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