What are Rates
He aha ngā Rēti
Charging rates on properties is the main way Masterton District Council pays for the services it delivers to the community. The rates you pay depend on where your property is and how much it’s worth. You can find details about your property using the property search tool.
Every year council figures out how much it will cost to deliver our services and what we need to charge for rates. This recalculation comes into effect on 1 July every year and is based on the plan for the year ahead.
You can have your say about what council should focus on through the Annual Plan or Long-Term Plan process.
The video below provides a simple explanation of rates, what they pay for and how they are calculated.
Read the council rates resolution (PDF, 175KB) adopted on 30 June 2021.
Rates and Revaluation
Each year the Council sets its budget, and the rates needed to fund services is part of that budget. Rates increase when the cost of doing work increases due to inflation and projects that are added to the work programme. The work we have planned, and the budget for it, is set out in the Long-Term Plan.
Our rating system uses property valuations as one of several tools to divide up the rates between properties. Revaluations are carried out by Quotable Value which is separate to council. When a revaluation happens, Council recalculates the rates-per-dollar of value needed to collect the total rates income. The valuations are used to find each property’s share of the rates – rates don’t simply increase by the percentage increase of valuations.
If all valuations in the district increased by the same percentage, every property’s rates would only change by the percentage of the Council’s budget increase. If a property’s valuation increases by less than the average increase, they can expect to pay a lower share of the total rates the Council needs.
If a property’s valuation increases by more than the average increase for the district, the owner can expect to pay a higher share of the total rates the Council needs.
Greater Wellington Regional Council
We have an agreement to collect rates for Greater Wellington Regional Council so you will also see that on your rates bill. You can find out more about the regional council and what their rates fund on the reverse of their annual assessment.
You can also contact them on 04 384 5708 or firstname.lastname@example.org.