Council Decides, 'No Additional Borrowing'

Waimate District Council has decided to tackle the district’s challenges head-on and opted not to borrow any additional funds to smooth rates. This approach will save ratepayers from the burden of servicing the additional debt which takes away funds from Council’s core services.

At an extraordinary meeting on Tuesday 27 May, Council agreed on an overall average rates increase of 9.2% for 2025/26, 5.2% for 2026/27, 6.8% for 2027/28 and an average increase of 2.8% per annum over the remaining six years of the Long Term Plan 2025-2034.

Mayor Craig Rowley thanked everyone who showed up to the community chat sessions, made a submission and spoke to their submissions. The public consultation received 90 submissions and 13 people spoke to their submissions.

He said, “There is high public support in keeping our debt levels low, and our decision will be the lowest overall cost to Council’s budget.”

Council has decided to proceed with the proposed budget for managing the funding shortfall for roading. A reduction of funds from NZTA and the current financial climate make it the most pragmatic option.

The Subdivision Recreation Reserve Contribution Fund supports initiatives throughout the district for recreation. Council was pleased to see broad public support for the Waimate Trail and decided to contribute an additional $150,000 for the trail from the fund. The trail will have a positive impact on our district’s economic development.

Council funding will continue for existing recipients of community support grants and an additional $1,000 for Bushtown Waimate. However, Council will be reviewing all community grant recipients as well as the terms of reference for grant funding.

Mayor Rowley said “Everyone greatly appreciates the value community groups add to the wellbeing of our district. They are essential services.”

The proposed changes to fees and charges as well as changes to the Rates Remission and Postponement Policy were accepted.

The Mayor thanked Council staff and elected members for doing what was right and the best for our community.

“This Long Term Plan sets out Council’s direction for the next nine years. We will work hard to keep rates increases manageable and ensure we provide our core services efficiently.”

You can read all the decisions at waimatedc.govt.nz/ltp

Council will adopt the Long Term Plan 2025-2034 on Monday 30 June 2025.