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CITY ASSESSMENTS

RATEABLE AND NON-RATEABLE VALUES TOWN CLERK’S REPORT COMPREHENSIVE ANALYSIS. The town clerk (Mr G. A. Lewin) submitted the following report to the meeting of the City Council last week: — On January 15, pursuant to the provisions of tiie 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 figures for the current year. The value of non-rateable property is shown as £161,386, which is less by £1959 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 (£8351) and additions to existing buildings (£39S) give an increase of £8749 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 decrease in the total figures of £24,539. The most serious decreases in rental values, and therefore in the rateable value, are shown to prevail in respect of the business areas comprised in the old High and Bell Wards of the city. Tn 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 £600: while increase in rental values adds £S4SO. giving a total increase of £6080; 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 further £2llB as a set-off to decrease in rentals of £12,124, the final result being a net decrease in the rateable value of £9622. A schedule giving a complete analysis for each area of the city is attached hereto.

summary showing how increase and de CREASE IN VALUATIONS. 1932-33. FOR THE VARIOUS DISTRICTS WERE MADE UP.

Cr Shacklock moved that consideration of the report be deferred until after the Assessment Council had met.

Cr Begg said that the assessment values were now being distributed, and he asked if any fresh arrangement was being made regarding receiving objections. They knew full well that a good many complaints had been received by councillors last year, and that dozens of people had had to go away in disgust. Cr Begg asked if some arrangement could be made under which ratepayers might have an opportunity of appearing before the valuation officer and putting their positions before him. Cr Shacklock said that there was to be a change on the previous method, and he thought there would be a considerable improvement on the practice prevailing in the past few years. It was proposed to issue papers within the next few days making the position quite clear. The motion was then put and carried.

RATEABLE. District. 1932-33 1931-32 Inc. £ Dec. South 101.140 106,302 2,162 High 2S6.680 297.730 11,050 Bell 197.892 207,514 9 ,(>22 Leith 137,060 138,992 1,332 Caversliam 125,536 126,644 1.108 South Dunedin 93.984 94.378 394 N.E. Valley 86,352 86,786 431 Roslyn 108,068 107,948 120 .Mornington 77,934 77.724 210 Maori Hill IS.030 47,728 302 Anderson’s Bay 76,427 75,496 931 1 ,563 26,102 Less 1,563 1.342,703 1 .367,242 24,539 N ON-RATEABLE. District. 1932-33 1931-32 Inc. Dec. ? £ £ £ £ South 5.986 5.906 SO High 46,710 47.756 1,046 Bell 41,460 42,314 Leith 22.14S 21.896 O ". o Caversliam 19,502 19,734 232 South Dunedin 4,864 4.864 N.E. Valley 3,566 3,623 57 Roslyn 5,648 5,798 150 Mornington 2,556 2,526 30 Maori Hill 5,830 5.818 12 Anderson’s Bay 3,116 3.110 6 380 2,339 Less 380 161,386 163,345 1,959

c a v : s .2 C —» © «z c5 © gi 'S 5 « o c e v *CC p g ’ 2 £ a CHS “ South .. £176 £102 £530 £814 £2.976 High .. .. 570 30 5.480 6. OSO 17.130 Bell .. .. 384 — 2.118 2.502 12.124 Leith 843 09 1.001 1.866 3,198 Caversham .. 1.244 60 1,530 2.834 3,942 Sth. Dunedin 1.042 24 1.414 . 2.480 2.874 N.E. Valley 850 76 830 11768 2.202 Roslyn . 470 46 994 1.510 1,390 Mornington . 092 38 578 1.308 1.098 Maori Hill . 048 —• 330 978 676 Bay 1,426 — 592 2,018 1.087 £8.351 £398 £15.409 £24.158 £48.097 Total Decreases. £4S.G97. Total Increases. £24.158 Decrease, £24,539.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19320126.2.32

Bibliographic details

Otago Witness, Issue 4063, 26 January 1932, Page 10

Word Count
743

CITY ASSESSMENTS Otago Witness, Issue 4063, 26 January 1932, Page 10

CITY ASSESSMENTS Otago Witness, Issue 4063, 26 January 1932, Page 10

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