Every three years Ōpōtiki District council has a legal requirement to value all properties in the District.
The new rating valuations will be used to help set the Council's rates next year. Revaluation doesn't affect the total amount of rates collected by Council, but it does help Council work out everyone's share of rates, which is based partly on capital value. If your property value has gone up by 30%, that doesn't mean your rates will also go up by 30%. The total amount of rates we require to run the district doesn't change because property values change. Rating values are just one component of how rates are assessed.
The Valuation Rolls for Ōpōtiki District Council were revised in September 2019 by Quotable Value Limited (as the Council's valuation service provider).
The revised Rating Values are effective as at 1 September 2019 and the new notices of valuation will be posted to owners and ratepayers from 18 November 2019.
The District Valuation Rolls will be open for public inspection, free of charge, during regular office hours, at our office at 108 St John Street, Ōpōtiki.
You can view a list of the revised valuations (PDF, 821KB) here.
The objection period closed on 15 January 2020. Property owners needed to contact Quotable Value Ltd directly for objections:
Quotable Value Ltd - Business Support
Private Bag 39 818
Wellington Mail Centre
LOWER HUTT 5045
More information about "Understanding your Rating Value" can be found at www.ratingvalues.co.nz.