CITY VALUATION

Evening Star, Issue 21006, 21 January 1932, Page 8

CITY VALUATION

RATEABLE VALUES DECREASE RENTAL ASSESSMENTS REVEAL A FALL NEW METHOD OF CONSIDERING OBJECTIONS The city valuer’s assessments for tho incoming civic, year show the total rateable value of Dunedin as £1,342,703, a decrease of £24,539 for tho current year. To last night’s meeting of the City, , Council the town clerk (Mr, G. A* Lewin) reported as follows; On January 15, pursuant to the provisions of the Rating Act, the city valuer forwarded the assessments for the incoming civic year. The total rateable value of the city is shown as £1,342,703, which is a decrease of £24,539 on the for the current year. The value of non-rateable property is shown as £161,386, which is less by £1,959 than_ last year’s figures. An analysis of the details regarding the rateable values, upon’ which the ■ city rates are based, discloses the following facts:—New buildings, £8,351,, and additions; to existing buildings, - £398, give an increase of £8,749 in the total, while, increases in rental values add a further £15,409, or a total increase of £24,158. As a set off .against " these increases, however, decreases in rental values are shown as £48,697,which gives the final result as a net de- , crease in the, total figures of £24,539. The most serious decreases in 'rental values, and therefore hi the rateable, value, are shown to prevail in respect of the business areas comprised in the old High and Bell wards of the city. In respect of the former, a rateable value for the current year’s roll of £297,-730 gives the following result:— New buildings and alterations to existing buildings give an increase of £6OO, while increase in rental values adds. £5,480, giving ■. a total _ increase of £6,080, while decreases in. rentals are shown as £17,130, giving a final result for this particular area of a decrease in the total rateable value of (£11,050. The figures in respect of Bell ward are. much in line with the foregoing. New; buildings add £384 to last year’s total, while increase in rentals gives a fur-, ther £2,118 as a set-off to decrease in rentals of £12,124, the final result being a net decrease in the rateable value of £9,622. A schedule giving a complete analysis for each area of the city was attached, as follows:

Or J. B. Shacklock moved that the report be held over till after the meeting of the Assessment Council. “Now that the valuation has been distributed, has there been any fresh \ arrangement for dealing with the matter regarding objections?” asked Cr W.' Begg. “We know full well the many complaints received by individual councillors and the staff last year. Dozens of people had to go away in disgust.; Could these obstacles that evidently have arisen in the past be overcome this time, so that each individual objector may have the opportunity of laying his complaint before valuation officer.” l Cr Shacklock said .. a change in the methods had been made, and a considerable improvement on, the past year’s methods would result. The committee hoped to be in a' position in a few days to announce the proposals to the ratepayers. _ 1 Cr Begg: Quite satisfactory. The motion was carried.

South ... Sff* aSouth Dunedin North-east Valley Roslyn ■Morning ton ... Maori Hill Day ... } District South ::: Leith Caversham South Di N.E. Vail Roslyn Morningtor Maori Hil Anderson’s SUMMAR' DECR THE DP. District South ::: Caversham South Dui N.E. Vail Roslvn Morningtor Maori Hi Anderson’s IliLli i si 1 I SillSSifd mgs ii «rv| i.ir gwO I ■ : : 2! w“ s |. ■ : : • I I i : : : : • I • • £ Additions and !?||S||I £ g S It 1 gg Alterations s is 1 E liSS g| ■ mm, j_ Hi SI :::::::: j : : £ illiiiSHl ISI I 307,242 •E. 1931-32 Inc. 5 f 906 i 47,756 42,314 21,896 252 19,734 & 5,798 2,526 30 5,818 12 3,110 6 380 Lc 103,345 INCREASE INS. 1932-33 rs WERE _ liiiSiH si 1 iSsi - llEiisisiiiisr ill S till sn s si *1 - 1 1 i 1 'wOSH