SATING ON UNIMPROVED VALUE.

Taranaki Daily News, 30 January 1919, Page 6

SATING ON UNIMPROVED VALUE.

To the Editor. Sir, —I am glad this matter has been raispd by your correspondent. Of course, rating on unimproved value would not decrease the total amount of rates required by the council for expenditure an if improvements The total rat»; would bo the same, but the owners of unimproved land would bear u greater share than they do at present, and this would lessen those- now being borne by owners of sections whicli have been improved with buildings thereon. Some few years since I was simultaneously interested : n Wellington house property and suburban sections where rating on unimproved value is in vogue and also New Plymouth house property and suburban fecf.ic-ns A comparison rf rate payable may interest ratepayers here-

HOUSE PROPERTY. Wellington: Council rental valui.-, £109; actual rent, £l7(i 10s; total l-fites (annual), £ll 12s fid. >"ew Plymouth: Council rental value, £52; actual rent, £65. total rates (annua!), £l3 ss.

SUBURBAN SECTIONS. Wellington: Council capital value, £75; aniiual ra.tes, £1 10s. Sew Plymoutji: Council capital value, £80; annual rental value, £4; annual ra.tes, 13s 4d,

I have the old rate notices referring to the above 'n my office and would be pleased to show them to anyone interested.—l am, etc-,

T. W. WELCH.