- 1997 4.9%
- 1998 2.5% election
- 1999 5.7%
- 2000 5.1%
- 2001 2.9% election
- 2002 1.9%
- 2003 2.9%
- 2004 2.8% election
- 2005 8.5%
- 2006 5.5%
- 2007 6.4% election
- 2008 10.4%
- 2009 7.0%
- 2010 5.2% election this year
- 2011 8.9% next year
Over these 15 years, the average rates increase after an election is 7.08%, in election year the average is 3.96%, and the figure for the middle year is 5.08%.This trend is certainly confirmed this year when the "reduction" in the size of this year's proposed increase, is clawed back by increases in the size of rises in future years.
The Council is taking voters for mugs and hoping that they have short memories.
In the October election, we will see if they are right.
Posts
Using the Reserve Bank inflation calculator, NZ experienced cumulative inflation in the period from the end of 2004 through to the end of 2009 of 15.1%. In roughly the same timeframe, Dunedin rates went up by a massive, cumulative 43.9%.
ReplyDeleteClearly, Dunedin city rates have gone up by ~30% more than inflation. Are Dunedin locals benefiting from 30% more services now, compared to 2004? And with this extra 30% increase in rates, how is it the DCC has still had to defer major spending and examine the potential for cost cutting in core services?
Mysterious. The city's coffers should be swimming in rates cash.