Revenue and Financing Policy update 2026
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We are proposing to make changes to the Revenue and Financing Policy
The Revenue and Financing Policy is a supporting policy for the 10 Year Plan and provides the foundation for the rate setting process.
The Policy is normally reviewed every three years as part of developing the 10 Year Plan. This year, we need to update the Policy to reflect Council’s decision to transfer responsibility for drinking water, wastewater and stormwater services to Tiaki Wai, the new regional water organisation, from 1 July 2026.
In reviewing the Policy, we have followed the process set out in the Local Government Act 2002 (the Act), including considering the factors in section 101 (3) (a) and (b).
While this policy affects everyone in our community in one way or another, you may be particularly interested in the proposed changes to this policy if you:
- Own a Utility property in the Lower Hutt area – this definition typically applies to electricity network companies; gas network operators; telecommunications infrastructure or water network operators
- are a Lower Hutt ratepayer
If changes are made, they will apply from 1 July 2026.
We invite you to Have Your Say
The proposed amendments to the Revenue and Financing Policy are now open for feedback. This is your opportunity to let us know what you think about the proposed changes.
This information has been developed to help you clearly understand what the proposed changes are and why we are doing it so you can make an informed submission. There is a key change with the proposed creation of a new Water Utilities rating category, which we are seeking your feedback on.
Your feedback gives elected members the confidence to make decisions that reflect the priorities of our residents and business communities.
Any feedback received on other parts of the policy will be saved and considered as part of developing the next 10 Year Plan. There will also be a formal consultation process for the new 10 Year Plan in 2027.
Read the draft policy and share your feedback via the survey below.
Consultation closes at 5pm on 1 May 2026.
