BID Expansion Ballot – BEWARE #2

I have discovered the Auckland council BID association in East Tamaki (greater East Tamaki business association) offers are more extensive list of services than South Harbor Business Association (SHBA) according to the GETBA website.

The targeted rates paid to Auckland Council by East Tamaki businesses is vastly less than the proposed targeted rates for the BID expansion by SHBA into Favona.

All of this info is available on the Auckland Council website. Go to “Property Valuations” and type in the address.

  • GETBA Targeted Rate (fixed) ……………………………………………….. $195.00 per property per year.
  • GETBA Targeted Rate (variable) …………………………………………… Capital Value X .00003858 per property, per year.

Examples:
Small East Tamaki Business Property
$820,000.00 Capital Value (sole trader occupant)
Fixed Targeted Rate ……………………………………………. $195.00
Variable Targeted Rate ……………………………………….. $31.64
Total BID Targeted Rate ………………………………………. $226.64 paid to Auckland Council per year to fund GETBA.

Large East Tamaki Business Property
$165,350,000.00 Capital value (very large multi-national)
Fixed Targeted Rate …………………………………………… $195.00
Variable Targeted Rate ……………………………………. $6,379.00
Total BID Targeted Rate ………………………………….. $6,574.00 paid to Auckland Council per year to fund GETBA

Of the 100 or so property / businesses in the proposed BID Expansion area, here are a few deeply troubling / unbelievable comparisons between the targeted rate for the Auckland Council GETBA BID partner and (just across the motorway), the proposed targeted rate Auckland Council intends to levy from us per year to fund (or indulge) it’s BID partner, South Harbour Business Association (A. Holley & one other) if this deeply flawed BID Expansion into Favona goes ahead:

Goodman Group, 10 Savill Drive                             $49,608.00 targeted rate per year
James Kirkpatrick Group, 9 Manu Street                 $33,624.00 targeted rate per year
Progressive Enterprises, 80 Favona Road                $35,376.00 targeted rate per year
Chemical Care and Storage, James Fletcher Drive  $15,000.00 targeted rate per year.
Mainfreight, 2 Saleyards Road                                $14,784.00 targeted rate per year

You can work out your own targeted rate (or rent increase for business tenants) to fund the Auckland Council / SHBA by using Capital Value of your property X .00048.

Bear in mind also that our “friends” at Auckland Council are soon to issue their three yearly property re-valuations which means the Capital Value of all properties will increase.

Think about the timing of this Auckland Council / SHBA BID Expansion Ballot designed to lock in the .00048 targeted rate factor prior to the revaluations.

NB:
For those property / business owners in the current Mahunga Drive BID SHBA area:

  • You are ALL paying a higher targeted rate factor (.00060) than the levy / extortion proposed for the Auckland Council BID Expansion into Favona by SHBA.
  • How comfortable are you that Auckland Council / SHBA have been gouging you from approximately $1,000.00 to $18,000.00 per property / per year / every year to indulge A. Holley / SHBA, when across the motorway in East Tamaki, the same Auckland Council is levying between $220.00 and $6,600.00 (for $165,350,000.00 capital value property) each year for it’s BID partner operating just a few kilometers away?
  • Bearing in mind SHBA Chair and Manager cannot confirm any key achievements for local businesses in the last 5 years, what do you want to do about it? (all replies strictly confidential)