Funding Impact Statement Wairau Valley River Works Rate $4,019,901 GST excl Wairau Valley Rivers Rating Area ($4,622,886 GST incl) This differential rate covers the costs of river planning, control and flood protection in the Wairau Catchment and is calculated on a Capital Value basis on every rating unit in the Wairau Valley Rivers Rating Area. The differentials reflect the benefits derived by each group. The funding requirements from each area are as follows: Blenheim Vicinity 47.57% Blenheim Urban 47.84% Other Urban 4.59% A $245,880 GST excl (6.52%) increase in the overall rates levy has occurred. The following is a schedule of the cents in the dollar to be set and assessed on the capital values in each group. Rating Areas Levy (GST Levy Cents in excl) (GST the $ incl) (GST incl) Rural A Rating Units 654,921 753,160 0.063774 Rural B Rating Units 935,157 1,075,430 0.047831 Rural C Rating Units 164,877 189,608 0.031249 Rural D Rating Units 157,312 180,909 0.005102 Blenheim Urban 1 Rating Units 1,097,099 1,261,665 0.046745 Blenheim Urban 2 Rating Units 677,965 779,660 0.041551 Blenheim Urban 3 Rating Units 95,273 109,564 0.035838 Blenheim Urban 4 Rating Units 52,783 60,700 0.020256 Other Urban 1 Rating Units in 94,843 109,069 0.044775 Wairau Catchment Other Urban 2 Rating Units in 89,671 103,121 0.030063 Wairau Catchment 2018-2028 Long Term Plan Page 275