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Rates information

How we set rates and property valuations

In June every year, the Mayor and Councillors approve an Annual Plan that details the level of rates for the next financial year (1 July to 30 June), along with the details of how services will be funded.

Rates include a uniform annual general charge (UAGC), which is a fixed rate on every property to help cover the cost of services we all use. Targeted rates cover the costs of specific services for properties that are able to receive them, such as rubbish collection, and sewerage and water.​

We collect rates on behalf of the Taranaki Regional Council and this is itemised separately on your rates statement.​

Property revaluations​

The general rate is based on the land values of four different groups:​

  • commercial/industrial;​

  • Residential, up to 1ha; ​

  • small holdings (eg. lifestyle blocks), 1ha to 4ha; ​

  • and farmland, more than 4ha.​

Every three years we have to value all properties in the district to help us work out everyone’s share of the rates.​

Usually, only properties with valuation increases or decreases that exceed the average will pay a proportionately higher share of rates. If the total rates were a pie, the revaluation determines your slice, or how much you contribute. The revaluation doesn't make the pie bigger or smaller.​

The latest values were done independently by QV to reflect market value at 1 August 2025 and were audited by the Office of the Valuer-General.​

The latest valuations are available from Quotable Value or at the Civic Centre in Liardet Street, New Plymouth.​

Revaluation – An easy guide

Page last updated: 10:55am Thu 19 March 2026

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