The Greater Wellington Regional Council yesterday "reaffirmed its commitment to significant investments in the region" while also reducing the planned rates increase for 2016/17.
The council has limited rates increases for underlying business as usual activities to 1.9 per cent, and reduced the overall increase to fund this and the investments to 7.9 per cent from the original 10.8 per cent. This increase equates to 60 cents a week or $30.99 per annum for the average residential household in the Wellington region.
The average rates per week, excluding GST, for residential properties in Masterton, Carterton and South Wairarapa are $3.06, $3.88, and $4.15 respectively. For rural properties in Masterton, Carterton and South Wairarapa, including GST, the average rates per week is $5.37, $7.60, and $7.48.
Public transport fares are also proposed not to be increased for 2016/17.
GWRC chairman Chris Laidlaw said the council is committed to big investments in new trains and bus services, enhanced flood protection, particularly in the Hutt Valley, and water supply resilience.