Taranaki ratepayers face a higher rates bill this year, with the regional council adopting an overall rate increase of 16.3 per cent for 2024-25.
The rates increase and the Taranaki Regional Council’s long-term plan were adopted today. As well as the rates rise for 2024-25, ratepayers will also have an increase of 13.23 per cent in the plan’s second year, and 10.19 per cent in the third.
The plan includes additional funding to be used over 10 years to safeguard the region’s biodiversity, deliver freshwater improvements, and address climate change.
Of the funding, $4.04 million is allocated for freshwater monitoring, $915,000 for improving climate science, $440,000 for the council to co-ordinate biodiversity work across the region, and $540,000 to improve resource management.