So, what happens with rates?

Should the Water Services Delivery Plan be a CCO of either Option 1, 2 or 4 - how you pay for water will be changing. It's likely it will change for Option 3 too, as you will receive a separate bill.

When we consulted on our Draft Long Term Plan in February, we showed you the graph in the picture.

Where it shows a 30% rate decrease - that's what happens the first year of a new water services CCO. The water charges on your rates would be removed, and you would pay for water on a separate bill - like you do for power.

This would have the effect of reducing Council's revenue by the total amount of water charges.

Council's debt-limit would also be a smaller total amount. It would be 175% of revenue, but for example (and this is just an example)

• 175% of $50 million is $87,500,000
• 175% of $30 million is $52,500,000