Council to review rating policies
The review comes amid a warning from Nelson Grey Power that pensioners will be forced out of their family homes if the council or Government don't do something to even the spread.
Three-yearly property valuations, on which the council bases its rating calculations, were released last week.
The valuations will not impact on rates until the 2004-05 financial year but a valuation roll available for inspection at council offices includes a hypothetical rate. This rate is a calculation of the effect the new valuations would have if applied to the current year's rates.
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