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Council Settles On 8.9% Rate Increase

The decision will mean
an average annual rate rise of 8.9% across the
city.
Over the last two days, Councillors mulled over
5,690 submissions from the public – the most ever received
on city proposals. These submissions provided feedback on
Council’s 11 specific topics, plus other city
issues.
Following a three-day discussion, Council
instructed staff to prepare a budget based on investing $2.5
billion on capital projects plus $3.7 billion in operating
costs. In addition, Council resolved to
invest:
$55 million over 10 years to provide safe
routes for walking, biking, scooting and skating around the
city.
$3 million to upgrade the Gordonton Road /
Puketaha Road intersection starting in ....

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Business Scoop » Council Settles On 8.9% Rate Increase

Press Release – Hamilton City Council
Hamilton City Council has agreed to prepare a 10-year budget based on a compliance targeted rate of 4.5% and a general rate increase of 4.4%. The decision will mean an average annual rate rise of 8.9% across the city. Over the last two days, Councillors …
Hamilton City Council has agreed to prepare a 10-year budget based on a compliance targeted rate of 4.5% and a general rate increase of 4.4%.
The decision will mean an average annual rate rise of 8.9% across the city.
Over the last two days, Councillors mulled over 5,690 submissions from the public – the most ever received on city proposals. These submissions provided feedback on Council’s 11 specific topics, plus other city issues. ....

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