The latest Hastings District Council 3 yearly general revaluation will not take into account the impacts from Cyclone Gabrielle so that it can meet the statutory deadline to implement a new set of values by 30 June 2023. The Government is proposing to temporarily modify the Rating Valuations Act 1998 so that cyclone damage does not have to be considered when assessing the 2022 general revaluation.
Background
All councils have a District Valuation Roll (DVR), which is a record of the rating valuations of all properties in their district. Councils need to update these valuations every 3 years and maintain the DVR between revaluations.
The Hastings District Council was still working on its 2022 revaluation of property values when Cyclone Gabrielle hit the Hawke’s Bay. The Rating Valuations Act 1998 requires values to reflect the physical state of properties at the time new values are released to the public – to do this, all properties that were damaged in the cyclone would need to be identified, inspected and accurately valued to reflect their actual physical condition. This cannot be done before the 30 June deadline.
What is proposed?
Because it is not practical for the Council to undertake a normal revaluation, the Government has issued proposals for consultation in an Order in Council under the Severe Weather Emergency Recovery Legislation Act 2023. These proposals would change the Rating Valuations Act so that cyclone damage to land or improvements like houses, buildings or vineyards do not have to be considered when assessing the revaluation of Hastings district properties.
Consultation document
FAQs
Media
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