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Cost savings from shared property valuation database

Waikato ratepayers stand to benefit from a shared property valuation database planned by councils in the Region.

Shared property information will mean Waikato property information is stored on one database, ensuring the information is accurate and up to date and saving councils money.

Environment Waikato Finance Group Manager Warren Stevens said the shared database would enable councils to control valuation information. It would reduce costs caused by inaccurate data, staff having to spend time searching for accurate information and re-sending rate invoices when they had been wrongly addressed.

Last year – the first year Environment Waikato had undertaken its own direct rating – the Council had major problems with inaccurate information stored in other councils’ separate databases. A shared system would mean updates would be done once and property owners could be sure the same up to date information was used by all councils.

“A working group made up of rating officers from all of the Region’s councils have worked closely on the project and continue to oversee the implementation. The project is likely to be picked up by other regions in New Zealand.”

The project has been underway for more than 18 months and will be working by November, he said.

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