Rates Movements 2018-28 2017.18 Benchmark Properties Capital Value Land Value Actual 2018.192019.202020.21 2021.222022.232023.242024.252025.262026.272027.28 Rate Levy 26-Ngakuta Bay - bach $480,000 $155,000 $625 $1,101 $1,150 $1,197 $1,244 $1,277 $1,313 $1,339 $1,379 $1,404 $1,438 76.12% 4.43% 4.12% 3.96% 2.66% 2.78% 1.96% 3.00% 1.83% 2.40% 27-General Rural - French Pass $2,000,000 $1,820,000 $6,400 $5,5901 $5,892 $6,217 $6,489 $6,701 $6,889 $7,114 $7,298 $7,500 $7,686 -12.67% 5.42% 5.50% 4.38% 3.28% 2.81% 3.26% 2.59% 2.77% 2.48% 28-General Rural - Manaroa $5,070,000 $4,080,000 $13,675$13,095$13,773$14,498$15,108$15,585$16,009$16,514$16,928$17,383$17,803 -4.24% 5.17% 5.27% 4.21% 3.16% 2.72% 3.16% 2.50% 2.69% 2.42% 29-General Rural - Opouri Valley $3,670,000 $2,930,000 $8,978 $8,510 $8,984 $9,491 $9,920$10,250$10,545$101 ,900$11,186$11,503$11,7991 -5.22% 5.57% 5.65% 4.51% 3.33% 2.88% 3.37% 2.62% 2.84% 2.57% 30-General Rural - on Awatere Water $2,270,000 $1,750,000 $5,966 $5,820 $6,159 $6,655 $7,067 $7,402 $7,584 $7,800 $7,977 $8,173 $8,352 -2.45% 5.83% 8.05% 6.19% 4.74% 2.45% 2.85% 2.28% 2.45% 2.19% 31-Havelock Residential $435,000 $178,000 $2,049 $2,153 $2,308 $2,451 $2,569 $2,676 $2,795 $2,903 $3,025 $3,158 $3,232 5.08% 7.18% 6.21% 4.80% 4.16% 4.45% 3.86% 4.19% 4.40% 2.34% 32-Seddon Residential $270,000 $99,000 $2,998 $3,150 $3,277 $3,395 $3,490 $3,578 $3,673 $3,751 $3,845 $3,953 $4,010 5.09% 4.01% 3.61% 2.79% 2.52% 2.66% 2.12% 2.51% 2.80% 1.45% 33-Wairau Valley Township Residential $520,000 $150,000 $2,205 $2,295 $2,394 $2,509 $2,597 $2,681 $2,747 $2,807 $2,884 $2,949 $2,994 4.06% 4.33% 4.82% 3.48% 3.25% 2.45% 2.20% 2.73% 2.27% 1.52% 34-Sounds Admin Rural - farm $5,720,000 $4,900,000 $12,158 $7,738 $8,103 $8,638 $9,101 $9,369 $9,585 $9,850$10,116$10,338$10,590 , -36.36% 4.73% 6.60% 5.36% 2.94% 2.31% 2.77% 2.70% 2.19% 2.44% 35-Sounds Admin Rural - bach $360,000 $165,000 $790 $664 $694 $730 $757 $780 $798 $812 $833 $851 $865 -15.91% 4.50% 5.26% 3.65% 3.02% 2.35% 1.68% 2.69% 2.11% 1.64% 36-Sounds Admin Rural - bach $510,000 $270,000 $1,028 $806 $843 $890 $926 $954 $976 $995 $1,022 $1,044 $1,063 -21.55% 4.57% 5.58% 4.04% 3.00% 2.34% 1.92% 2.70% 2.13% 1.82% *1This property opted to make sewer lump sum payments. *2 This property opted to make sewer loan repayments over a 20 year term, in lieu of lump sum payments. *3These properties pay the sewerage loan rate because they did not make a lump sum payment. 2018-2028 Long Term Plan Page 293