New Zealand Council of Shopping Centres submission on Tauranga City Council's Long Term Plan 2018/2028
The New Zealand Council of Shopping Centers strongly oppose the rating proposal to reduce the UAGC and introduce a rates differential. Instead, we support the status quo and the Council investigating alternative funding mechanisms. The commercial sector will effectively pay 1:1.8 when considering the economic development rate on top of the proposed 1.6 rates differential. This will have negative outcomes for Tauranga’s commercial and retail sector. The flow on effects from a rates differential will also affect Tauranga’s residents in the form of increased consumer costs, reduced vibrancy and choice of commercial options in the CBD and potentially loss of employment.