New Rateable Values
The CCC has issued a media release detailing how the new rating values will be set for those areas most affected by the earthquake.
The whole text is available here:
There is no mention of how the valuations will be decided, or if there will be a special appeal process for those who either disagree with the new valuation or feel they should have received an earthquake related revaluation but didn't get one.
In the normal valuation process there is an opportunity to object to a valuation, provided the objection is made within 6 weeks of the valuation being released. Presumably this process will apply to these valuations as well.
You can check out the valuation of your property here: http://ratesinfo.ccc.govt.nz/
"Council valuers will now update the existing rating valuations, based on an effective valuation date of 2007, on the worst-affected commercial, residential and rural properties. Rates payable for the year starting 1 July 2011 will be set based on these valuations, which will also inform the city-wide general revaluation next year."To the extent that I understand this, it would appear that the 2007 values (used for the rates for the last three years) will be adjusted for those properties most affected by the earthquake. The adjusted figure will then be used to calculate the rates payable from 1 July 2011 until 1 July 2012. As properties are rebuilt new valuations will be made.
The whole text is available here:
There is no mention of how the valuations will be decided, or if there will be a special appeal process for those who either disagree with the new valuation or feel they should have received an earthquake related revaluation but didn't get one.
In the normal valuation process there is an opportunity to object to a valuation, provided the objection is made within 6 weeks of the valuation being released. Presumably this process will apply to these valuations as well.
You can check out the valuation of your property here: http://ratesinfo.ccc.govt.nz/
