Valuation
Introduction
| 2008 general revaluation |
Reasons for revaluing your property
| How valuations affect your rates | Understanding your valuation notice
| How values are assessed | Making an objection
to property value
| Changes to the valuation process
| 2008 valuation changes by suburb
How valuations affect your rates
We use property valuations as part of the equation to
determine annual property rates.
An average increase of value across all the properties in the city forms the
base to apportion rates. Depending where a property value falls either above or below
the average will affect what portion of rates that property owner contributes.
The total rates revenue is determined through the council's annual planning
process, which includes consultation with ratepayers in May each year. The rate
per dollar of annual value needed to produce that revenue is set accordingly.
The addition of new properties to the District Valuation Roll does not in
itself give council more rates. New properties redistribute rates across all
properties.
Click here for more information about current
(2008) valuations and annual rates for properties in Auckland city.
Updated October 2008
Email this page
Format to print