Christchurch city councillors will meet next week to consider a proposed rates increase of 9.5 per cent.
On December 6, councillors will get their first public briefing on the Draft Annual Plan 2023/24. The plan sets out what the council plans to achieve over the coming financial year - and how it will be funded.
An initial calculation put the 2023/24 rates increase in the 14 per cent to 15 per cent range, but it has been reduced to the 9 per cent to 9.5 per cent range, council chief executive Dawn Baxendale said.
“Christchurch City Council is committed to maintaining the levels of service that the people of Christchurch expect, but we’re experiencing all the same challenges as every other organisation,” Baxendale said.
“And because we’re a big organisation, the economic factors we’ve all heard so much about - inflation, interest rates, supply issues - are having a big impact.