DRAFT LTP book.indb - Hurunui District Council

Draft Hurunui Community Long Term Plan 2012 - 2022Rateable ValueRates are levied on rateable properties based on their rateablevalue. The defi nition of land is very broad and may include theright to pass utilities over land, e.g., power lines and waterpipes. Almost all lands are rateable. Exceptions apply to certainCrown land and land mainly used for educational and charitablepurposes. At the date of printing, total rateableProperty Values by WardWardDistrictCapital ValueNo of RateablePropertiesAmberley 945,624,200 2,180Amuri 1,142,832,950 1,206Cheviot 622,508,900 956Glenmark 576,633,550 767Hanmer Springs 689,567,550 1,673Hurunui 524,777,000 801Utilities 132,005,000 0Value as at 1 July 2011 4,633,949,150 7,583Growth Factor (1%) 46,339,492 76Total Rating Value Assumed 4,680,288,642 7,659*Note: The Council rates an additional 1,500 properties in the Waimakariri District, who areon our Ashley Water Scheme.51