Targeted rates pay for specific services or projects and can be set generally across all ratepayers (so all ratepayers pay that rate) or to specific ratepayers in certain areas (for example if that group will particularly benefit from that project or service).
Targeted rates are typically a fixed charge, rather than based on your property’s value.
An example of where we use targeted rates in the Bay of Plenty is our Civil Defence Emergency Management targeted rate – where each property is charged a fixed amount for services provided by the Bay of Plenty Civil Defence Emergency Management group.