Rates
The quarterly rates invoice from Environment Canterbury – included in the rates bill from each local territorial authority – contains two different types of rates: a general rate and a targeted rate.
General rates
General rates for an individual property are calculated using the property’s capital value (the combined value of the land and buildings). The total rates for Canterbury are spread across all properties: residential, commercial and industrial. Because rates are calculated on the capital value, higher-value properties have higher rates than properties with a lower capital value.
$114.0M general rates collected
Targeted rates
Targeted rates are levied for a particular purpose or to a group who may benefit from a service that the Council provides. For example, people near a bus route might pay a targeted rate because they could benefit from that bus route, or rural landowners might pay a targeted rate to pay for pest control on their land, a new stop-bank to protect their land from flooding, or an ecosystem restoration programme.
$83.1M targeted rates collected
Other sources of income
Some of our activities are funded by user-pays charges. These are paid on activities such as consents and passenger fares paid on public transport. Environment Canterbury also receives grants to carry out work, particularly for public transport. Much of this funding comes from central government agencies. Grants make up about 30% of Council’s total revenue. Sometimes, Environment Canterbury draws on its reserves to pay for work that is additional to the budget, including some of our water management programmes.
$127.8M other income
