The Invercargill City Council is proposing to draw in an extra $3.5 million in rates income for the year 2021-2022.
The council's 2021-2031 long-term plan will be opened up for public consultation on Tuesday after the council considers any final touches at a meeting on Monday.
Included is a plan to increase its rates income by five percent in year one of the 2021-2031 plan, meaning it will boost its rates revenue from $56.8m to $60.3m.
The document says; "Council chose to limit the rates increase to 2 percent in 2020/2021 to assist people in the time of Covid-19. As a result we have put in place a plan to bring us back to a balanced budget in the first year of the long-term plan."
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The overall five percent increase in rates revenue will not mean everyone will receive a five percent increase.
The impact of rate increases on properties will vary depending on the rates and services the property is charged for, as well as the type and value of the property.
Around 20 percent of properties (5120 properties) will receive a decrease in rates, 41 percent will see an increase of between 0 and five percent (17200 properties), but around 14 percent (3600 properties) will see an increase of more than 10 percent.
Council plans to spend $112 million on capital projects to "support community wellbeing" over the next decade.
Urban Play Place
As part of the council's proposed city streetscape work urban designers noted Invercargill had no obvious gathering space.
There was also public feedback that Wachner Place doesn't work effectively.
The council proposes to make provision for $4.9m "in order to kick-start this in the city centre".
"Play options could be spread out through the city-centre or there could be a more formal playground like the Margaret Mahy Playground in Christchurch."
The draft long-term plan says the council would work with Government and community funders to seek a further estimated $1.6 million towards this work.
The play space work is set down for 2023 through to 2026.
All up the council plans to invest $23.6m in the streetscape work which would work out at an average rates increase of $47.23 a year.
Following a review of the future needs for a regional rectangular sports field complex in Invercargill, Rugby Park has been identified as the best option for this for the next 15 years.
After that time, there may be the opportunity to look at other options.
The plan is to invest $4.9m into making the venue structurally sound in stage one of work on Rugby Park.
Stage one would be completed by 2025.
Stage two would be "facility improvement" work which would see the northern, western, and eastern areas developed into open green and hardstand space.
There would be a reduction in fixed seating capacity of 15 percent.
The wider improvements would not be completed until external funding of approximately $4.5 million had been secured. Stage two would also only proceed if additional funding was secured.
The average rates increase for the work at Rugby Park has been calculated at $13.22 a year.
Southland Museum and Art Gallery
The council has estimated it will cost $52.5 million to refurbish and reopen the museum in its current location at Queens Park.
Council would allocate up to $39.4 million and seek external funding for the remaining costs.
It will bring the museum up to 67 percent of New Building Standards.
The draft long-term plan says the aim is for the museum to reopen in 2026.
The average rates increase has been calculated at $124.16 per year.
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