Taupō District Council has proposed an average rates increase of 8.4 per cent for the financial year beginning 1 July 2025, marginally higher than the 8.3 per cent forecast in the Long-term Plan adopted last September.
The Council revealed at yesterday's meeting that unplanned cost increases, including central government's Local Water Done Well reforms and rises in insurance, finance costs, depreciation and committed contracts, added over $2 million to the Council's expenditure.